NZDUSD keeps the support base – Analysis - 11-01-2018
Economies.com
2018-01-11 04:53AM UTC
The NZDUSD pair settles above 0.7170 level, and the EMA50 provides positive support to the price, while stochastic attempts to return to the oversold areas and gain positive momentum on the intraday time frames.
Therefore, these factors support the continuation of our bullish trend expectations, which target testing 0.7260 as a next station, while holding above 0.7170 represents main condition to achieve the waited targets.
Expected trading range for today is between 0.7100 support and 0.7260
Expected trend for today: Bullish
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