NZDUSD around the key level – Analysis - 19-09-2017

Economies.com
2017-09-19 03:44AM UTC

The NZDUSD pair hovers around 0.7275 level, noticing that the EMA50 forms good support that protects the price from achieving more decline, while stochastic provides clear positive signals on the four hours' time frame.

 

Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, waiting to test 0.7383 level initially, reminding you that holding above 0.7187 represents the most important condition to continue the expected rise.

 

Expected trading range for today is between 0.7200 support and 0.7383

 

Expected trend for today: Bullish

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