Midday update for the NZDUSD 10-10-2019
Economies.com
2019-10-10 10:28AM UTC
The NZDUSD pair tested 0.6325 level and it remains below it, waiting for confirming the breach to complete forming the inverted head and shoulders pattern then opening the way towards extending the bullish wave on the intraday and short term basis, where the next targets are located at 0.6355 then 0.6450, while holding above 0.6260 represents an important condition for the continuation of the expected rise.
Therefore, we will keep our bullish overview unless breaking 0.6260 level.
The expected trading range for today is between 0.6260 support and 0.6400
The expected trend for today: Bullish
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