NZDUSD begins negatively – Analysis - 25-09-2017

Economies.com
2017-09-25 03:40AM UTC

The NZDUSD pair opens today's trading with clear negativity to attack 0.7275 level, on its way for a potential test to the intraday bullish channel's support that appears on chart, as the price is affected by stochastic negativity, and it might head to visit 0.7225 followed by 0.7187 levels before turning back to rise again.

 

Until now, the main bullish trend scenario still valid unless breaking the last level and holding below it, noting that our waited positive targets begin at 0.7383 and extend to reach 0.7558.

 

Expected trading range for today is between 0.7187 support and 0.7383

 

Expected trend for today: Bullish

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