NZDUSD rallies upwards – Analysis - 31-05-2017
Economies.com
2017-05-31 01:36AM UTC
The NZDUSD pair rallied upwards clearly to confirm surpassing 0.7049 level, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to visit 0.7215 that represents the next target.
The EMA50 supports the suggested rise, which will remain valid for today unless breaking 0.7049 level and holding below it.
Expected trading range for today is between 0.7049 support and 0.7215
Expected trend for today: Bullish
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