NZDUSD builds support base – Analysis - 09-01-2018
Economies.com
2018-01-09 04:57AM UTC
The NZDUSD pair managed to confirm breaching 0.7170 level and holding above it, to build good support base that supports the continuation of the correctional bullish trend scenario in the upcoming period, paving the way to head towards 0.7260 as a next target.
Therefore, we will keep our positive overview for today supported by the EMA50, reminding you that it is important to hold above 0.7077 to continue the suggested rise.
Expected trading range for today is between 0.7100 support and 0.7250
Expected trend for today: Bullish
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