NZDUSD needs the positive momentum – Analysis - 26-05-2017
Economies.com
2017-05-26 03:10AM UTC
The NZDUSD pair fluctuates within tight track near the key resistance 0.7049, and we still waiting to breach this level to confirm the continuation of the bullish trend on the short term basis, which its next target located at 0.7215.
Therefore, we will continue to suggest the bullish trend unless breaking 0.6915 level and holding below it, noting that the EMA50 keeps providing the support to the suggested bullish wave.
Expected trading range for today is between 0.6960 support and 0.7150
Expected trend for today: Bullish
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