NZDUSD keeps the support base – Analysis - 13-02-2017

Economies.com
2017-02-13 05:29AM UTC

The NZDUSD pair kept its stability above 0.7174 level, to begin providing positive trading now, as a signal for the price attempt to resume the main bullish trend after the bearish correction that controlled the last trading since recording the last top at 0.7375.

 

Therefore, the bullish trend scenario will remain preferred in the upcoming period above 0.7174, reminding you that our main targets begin at 0.7250 and extend to 0.7375 on the near term basis.

 

Expected trading range for today is between 0.7100 support and 0.7300

 

Expected trend for today: Bullish

 

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