NZDUSD is stable – Analysis - 20-06-2016

The NZDUSD pair keeps its stability above 0.7034 level; where the EMA50 continues to provide positive support for the price, while stochastic begin to overlap positively on the four hours time frame.

Therefore, our bullish trend expectations will remain valid and active in the upcoming sessions, and the targets begin at 0.7145 and extend to 0.7300, reminding you that holding above 0.6965 level important for the continuation of the suggested positive scenario.

Expected trading range for today is between 0.7000 support and 0.7200

Expected trend for today: Bullish