Midday update for NZDUSD 18-09-2017

Economies.com
2017-09-18 09:53AM UTC

NZDUSD pair provided positive trading this morning but it returns to fluctuate around 0.7300 level, and the price might have to fluctuate within sideways range until stochastic manages to get rid of its negativity and gain enough positive momentum to push the price to achieve our positive targets that begin at 0.7383 and extend to 0.7558 after breaching the previous level.

 

Therefore, the bullish trend scenario will remain active in the upcoming sessions unless breaking 0.7187 level and holding below it.

 

Expected trading range for today is between 0.7275 support and 0.7430

 

Expected trend for today: Bullish

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