Midday update for NZDUSD 24-01-2017
Economies.com
2017-01-24 11:06AM UTC
The NZDUSD pair retested 0.7215 level and keeps its stability above it, which keeps the bullish trend scenario active for today, waiting to target 0.7329 level initially, noting that the EMA50 continues to support the suggested bullish wave, and we should note that breaking 0.7215 level will push the price to decline and test 0.7155 areas and might extend to 0.7049 before any new attempt to rise.
Expected trading range for today is between 0.7160 support and 0.7350
Expected trend for today: Bullish
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