Midday update for NZDUSD 16-01-2017
Economies.com
2017-01-16 11:59AM UTC
The NZDUSD pair hovers near the previously breached resistance line, while stochastic reaches the oversold levels, to form a positive motive that we wait to assist to push the price to resume the bullish trend in the upcoming period, which targets 0.7215 initially, while its continuation conditioned by holding above 0.7049 level.
Expected trading range for today is between 0.7015 support and 0.7215
Expected trend for today: Bullish
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