Midday update for NZDUSD 27-06-2017

Economies.com
2017-06-27 10:42AM UTC

The NZDUSD pair made an initial test to 0.7329 level without managing to breach it, waiting to get enough positive momentum to push the price to achieve the required breach followed by pushing the price to head towards 0.7484 level that represents our next main target.

 

In general, the bullish trend scenario will remain valid for the upcoming period unless we witnessed clear break and holding below 0.7215.

 

Expected trading range for today is between 0.7250 support and 0.7400

 

Expected trend for today: Bullish

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