Midday update for NZDUSD 30-01-2017
Economies.com
2017-01-30 11:09AM UTC
The NZDUSD pair fluctuates near the minor bullish channel’s support that appears in the image, while stochastic attempts to get rid of its negativity gradually, heading towards the oversold level, which forms a positive factor that we wait to assist to push the price to resume the main bullish main trend, and its first target located at 0.7329.
Therefore, we will keep our positive expectations valid for today conditioned by holding above 0.7215 level.
Expected trading range for today is between 0.7180 support and 0.7400
Expected trend for today: Bullish
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