Midday update for NZDUSD 20-06-2016
Economies.com
2016-06-20 10:45AM UTC
The NZDUSD pair resumed its positive trading to approach from our first waited target at 0.7145, reminding you that breaching this level will extend the bullish wave to reach 0.7300.
Therefore, the bullish trend will remain dominant on the intraday and short term basis supported by the EMA50, conditioned by the price stability above 0.7034 and the most important above 0.6965.
Expected trading range for today is between 0.7000 support and 0.7200
Expected trend for today: Bullish
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