NZDUSD touches the first target – Analysis - 16-10-2017
Economies.com
2017-10-16 03:47AM UTC
The NZDUSD pair managed to touch our first waited target at 0.7187 and settles near it, to continue the effect of the previously completed falling wedge pattern, waiting to breach the mentioned level to push the price towards our next target at 0.7275.
Therefore, we will keep our positive overview for the upcoming period unless breaking 0.7100 level and holding below it, noting that the EMA50 supports the suggested bullish wave.
Expected trading range for today is between 0.7100 support and 0.7250
Expected trend for today: Bullish
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