NZDUSD heads towards the support – Analysis - 15-03-2018
Economies.com
2018-03-15 05:05AM UTC
The NZDUSD pair provided some negative trades by today’s opening to approach the intraday bullish channel’s support line that appears on the chart, which is met by the EMA50 to add more strength to it, accompanied by stochastic move at the oversold areas.
Therefore, these factors encourage us to continue with our bullish overview, as we are waiting to head towards 0.7436 as a next station, while holding above 0.7281 represents key condition to achieve the suggested targets.
Expected trading range for today is between 0.7260 support and 0.7400
Expected trend for today: Bullish
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