Midday update for NZDUSD 19-09-2017

Economies.com
2017-09-19 09:50AM UTC

The NZDUSD pair trades positively since morning to move above 0.7275 now, supported by stochastic and the EMA50 positivity, to keep the bullish trend scenario active for today, which targets 0.7383 level as a first main station.

 

Therefore, we will keep our bullish overview conditioned by holding above 0.7187, reminding you that breaching 0.7383 will extend the pair's gains to reach 0.7558 on the near term basis.

 

Expected trading range for today is between 0.7200 support and 0.7383

 

Expected trend for today: Bullish

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