NZDUSD resumes rising – Analysis - 16-11-2018
Economies.com
2018-11-16 05:07AM UTC
The NZDUSD pair traded positively yesterday to move away from 0.6795 level, which supports the continuation of the bullish trend on the intraday and short term basis, organized inside the bullish channel that appears on the chart, waiting to visit 0.6910 level as a next station.
Holding above 0.6795 is important to continue the expected rise, as breaking it will push the price to return to the main bearish trend again.
Expected trading range for today is betwenen 0.6770 support and 0.6900
Expected trend for today: Bullish
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