NZDUSD negotiates the minor resistance – Analysis - 13-07-2017

Economies.com
2017-07-13 03:14AM UTC

The NZDUSD pair provided clear positive trading yesterday to start the attempts to breach the minor resistance mentioned in our last report at 0.7270, reinforcing the expectations of continuing the bullish trend on the short term basis, paving the way to head towards our main targets that begin at 0.7329 and extend to 0.7484.

 

Therefore, we are waiting for more rise in the upcoming sessions unless breaking 0.7215 level and holding with a daily close below it.

 

Expected trading range for today is between 0.7200 support and 0.7380

 

Expected trend for today: Bullish

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