NZDUSD negotiates the resistance – Analysis - 09-06-2017
Economies.com
2017-06-09 01:02AM UTC
The NZDUSD pair continues to fluctuate around 0.7215 level without managing to breach it until now, as the price is affected by stochastic negativity that blocks the price mission to rise, which might force the price to provide more sideways trading before turning back to rise again.
Holding above 0.7049 keeps our bullish overview valid, reminding you that breaching 0.7215 will open the way to head towards the previously recorded top at 0.7484 as a next main station.
Expected trading range for today is between 0.7100 support and 0.7300
Expected trend for today: Bullish
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