NZDUSD approaches the first target – Analysis - 14-11-2018
Economies.com
2018-11-14 05:05AM UTC
The NZDUSD pair trades positively since yesterday to approach our first waited target at 0.6795, affected by the previously completed bullish flag pattern, getting positive support by the EMA50, to support the chances of breaching the mentioned level followed by extending the bullish wave to reach 0.6910 as a next main station.
Therefore, the bullish trend will remain suggested in the upcoming sessions unless breaking 0.6705 level and holding below it.
Expected trading range for today is betwenen 0.6720 support and 0.6850
Expected trend for today: Bullish
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