NZDUSD attempts positively – Analysis - 30-01-2017

Economies.com
2017-01-30 04:58AM UTC

The NZDUSD pair shows bullish bias after leaning on the intraday bullish channel's support that appears on chart, to keep the bullish trend valid until now, supported by the EMA50 that keeps carrying the price from below, waiting to surpass 0.7329 level to open the way to head towards 0.7483.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless we witnessed clear break and holding below 0.7215.

 

Expected trading range for today is between 0.7180 support and 0.7400

 

Expected trend for today: Bullish

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