NZDUSD surpasses the first target – Analysis - 27-07-2017

Economies.com
2017-07-27 02:49AM UTC

The NZDUSD pair achieved strong gains yesterday and succeeded to breach 0.7484 level and hold above it, to support the expectations of extending the bullish wave on the short term basis, waiting for more rise that targets the bullish channel's resistance at 0.7590.

 

The EMA50 keeps supporting the suggested bullish wave, which its continuation requires holding above 0.7484.

 

Expected trading range for today is between 0.7484 support and 0.7650

 

Expected trend for today: Bullish

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