NZDUSD completes the positive pattern – Analysis - 23-02-2017
Economies.com
2017-02-23 05:31AM UTC
The NZDUSD pair rallied higher clearly with the end of yesterday’s trading to breach 0.7174 level and settles above it, to complete forming the falling wedge pattern that its lines appear in the image, which might push the price to resume its main bullish track that stopped to make some bearish correction.
Therefore, the bullish trend will be preferred in the upcoming sessions unless breaking 0.7174 level and holding below it, pointing that the positive targets begin at 0.7250 and extend to 0.7375.
Expected trading range for today is between 0.7130 support and 0.7329
Expected trend for today: Bullish
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