NZDUSD faces solid resistance – Analysis - 25-04-2017
Economies.com
2017-04-25 04:35AM UTC
The NZDUSD pair couldn’t breach 0.7049 level yesterday, to bounce lower and moves below 0.7000 barrier now, providing signals for potential visit to 0.6915 level before it returns to rise again.
Until now, the bullish trend scenario remains active in the upcoming period unless breaking 0.6915 level and holding below it, pointing that breaching 0.7049 is required for opening the way towrdas 0.7215 directly.
Expected trading range for today is between 0.6915 support and 0.7100
Expected trend for today: Bullish
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