Midday update for NZDUSD 05-01-2018
Economies.com
2018-01-05 11:11AM UTC
The NZDUSD pair fluctuates within tight track since morning to settle near the key resistance 0.7170, waiting to braech this level to confirm extending the bullish wave towards 0.7260, and as long as the price is above 0.7077, we will continue to suggest the bullish trend for today, noting that stochastic current negativity might force the price to provide more sideways trades before resuming the expected rise.
Expected trading range for today is between 0.7100 support and 0.7250
Expected trend for today: Bullish
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