NZDUSD needs the positive momentum – Analysis - 24-07-2017
Economies.com
2017-07-24 03:43AM UTC
The NZDUSD pair settles around 0.7440 level, and we still waiting to touch our next main target at 0.7484, noting that breaching this level will push the price towards the bullish channel's resistance at 0.7565.
In general, the bullish trend will remain valid and active unless breaking 0.7329 followed by 0.7275 levels and holding below them, noting that the EMA50 provides positive support to the suggested bullish wave.
Expected trading range for today is between 0.7350 support and 0.7565
Expected trend for today: Bullish
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