NZDUSD reaches the first target – Analysis - 07-06-2017

Economies.com
2017-06-07 01:25AM UTC

The NZDUSD pair continued its rise to reach our first target at 0.7215, and the bullish trend still dominant as long as the price is below 0.7049, reminding you that breaching 0.7215 will push the price towards 0.7484 that represents our next main target.

 

We should note that breaking 0.7049 will push the price to decline again and test 0.6915 areas before any new attempt to rise.

 

Expected trading range for today is between 0.7100 support and 0.7300

 

Expected trend for today: Bullish

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