NZDUSD needs the positive momentum – Analysis - 18-09-2018

Economies.com
2018-09-18 03:46AM UTC

The NZDUSD pair settles above the EMA50, to keep the bullish trend scenario active until now, and the price might witness sideways fluctuation until stochastic manages to get rid of its negative momentum and gain enough positive momentum to push the price to continue the intraday bullish trend.

 

Until now, we still suggesting the bullish bias as long as the price is above 0.6535, reminding you that our main waited target is located at 0.6740.

 

Expected trading range for today is betwenen 0.6500 support and 0.6670

 

Expected trend for today: Bullish

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