Midday update for NZDUSD 19-06-2017

Economies.com
2017-06-19 09:55AM UTC

The NZDUSD pair keeps its stability above the bullish channel’s support, to keep the bullish trend active in the upcoming period, waiting for testing 0.7329 level initially, and breaching it represents the extension key for the bullish wave to 0.7484.

 

Therefore, we will keep preferring the bullish trend that supported by the EMA50, unless witnessing clear break to 0.7215 then 0.7185 levels and holding below it.

 

Expected trading range for today is between 0.7185 support and 0.7400

 

Expected trend for today: Bullish

 

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