NZDUSD retests successfully – Analysis - 27-06-2017

Economies.com
2017-06-27 04:26AM UTC

The NZDUSD pair bounced bullishly after retesting the previously breached resistance of the symmetrical triangle that appears on the above chart, which supports the continuation of the bullish trend scenario efficiently in the upcoming sessions, and the way is open to test 0.7329 level, which breaching it represents the key to rally towards our next target at 0.7484.

 

Therefore, we will continue to suggest the bullish trend for toady unless breaking 0.7215 level and holding below it.

 

Expected trading range for today is between 0.7250 support and 0.7400

 

Expected trend for today: Bullish

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