NZDUSD awaits the breach – Analysis - 13-06-2017

Economies.com
2017-06-13 01:10AM UTC

The NZDUSD pair continues to fluctuate near 0.7215 level and it remains below this level, pointing that the price needs strong positive motive that assists it to surpass this level then rally towards our next target at 0.7484.

 

In general, the bullish trend will remain valid unless breaking 0.7049 level and holding below it, pointing that the EMA50 keeps providing positive support for the price.

 

Expected trading range for today is between 0.7100 support and 0.7300

 

Expected trend for today: Bullish

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