NZDUSD hits the waited target – Analysis - 24-01-2018
Economies.com
2018-01-24 05:31AM UTC
The NZDUSD pair succeeded to touch our waited target at 0.7375 and settles there, and the price continues to move inside the bullish channel that appears on the above chart, as it gets continuous positive support by the EMA50, which hints that the chances are valid to continue rising in the upcoming sessions, noting that breaching the mentioned level will push the price towards the previously recorded top at 0.7558 as a next main station.
Therefore, we expect witnessing more bullish bias for today conditioned by holding above 0.7260 level.
Expected trading range for today is between 0.7300 support and 0.7450
Expected trend for today: Bullish
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