NZDUSD achieves the first target – Analysis - 21-09-2017

Economies.com
2017-09-21 03:45AM UTC

The NZDUSD pair attempted to breach 0.7383 level but it could not manage to hold for long time above it, to fluctuate around 0.7335 now, noticing that stochastic gains the positive momentum gradually to form positive factor that we are waiting to assist to push the price to rise again.

 

In general, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by holding above 0.7187, noting that confirming breaching 0.7383 will push the price towards 0.7558 as a next main station.

 

Expected trading range for today is between 0.7250 support and 0.7420

 

Expected trend for today: Bullish

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