The EURNZD gets ready to renew the bullish attack– Analysis – 20-8-2019
Economies.com
2019-08-20 06:35AM UTC
The EURNZD surpassed the negative pressures, to end its bearish correctional rebound by facing the initial support at 1.7185, to support stopping the negative bleed, providing a chance to renew the bullish attempts in the near and medium period.
Therefore, we expect forming a bullish rally by gathering a new positive momentum to target 1.7420 level initially, then attempt to reach to the next barrier at 1.7685 level.
The expected trading range for today is between 1.7200 and 1.7420
The expected trend for today: Bullish.
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