Midday update for the NZDUSD 11-12-2019

Economies.com
2019-12-11 10:39AM UTC

The NZDUSD pair bounced bullishly after testing the EMA50, getting positive signal by stochastic, waiting to motivate the price to provide more positive trades and breach 0.6565 to reinforce the expectations of extending the bullish wave towards 0.6650.

 

Therefore, we will keep our bullish overview unless breaking 0.6495 level and holding below it.

 

The expected trading range for today is between 0.6480 support and 0.6600

 

The expected trend for today: Bullish

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