Midday update for NZDUSD 17-07-2017

Economies.com
2017-07-17 10:30AM UTC

The NZDUSD pair fluctuates near 0.7329 level since morning, and it needs enough positive momentum top ush the trading to continuet the main bullish trend, where holding above the mentioned level represents an initial condition for the continuation of the expected rise.

 

Therefore, we wait for positive trading in the upcoming sessions supported by the EMA50, reminding you that our next main target at 0.7484.

 

Expected trading range for today is between 0.7280 support and 0.7440

 

Expected trend for today: Bullish

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