NZDUSD begins bullish correction – Analysis - 14-12-2017

Economies.com
2017-12-14 05:04AM UTC

The NZDUSD pair achieved strong breach to 0.6964 level and settled above it, to open the way to start short term bullish correction, as the next target is located at 0.7077, noting that breaching this level will extend the pair's gains to reach 0.7170.

 

Therefore, we suggest witnessing more rise in the upcoming sessions, unless the price managed to break 0.6964 level and hold below it again.

 

Expected trading range for today is between 0.6960 support and 0.7100

 

Expected trend for today: Bullish

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