NZDUSD resumes rising – Analysis - 26-01-2017

Economies.com
2017-01-26 04:49AM UTC

The NZDUSD pair provided strong positive trading yesterday to approach from our first main waited target at 0.7329, getting continuous positive support by the EMA50, to keep the expected bullish trend valid efficiently in the upcoming period, reminding you that breaching the targeted level will push the price towards 0.7484 direct.

 

In general, we will keep our bullish overview for today unless breaking 0.7215 level and holding below it.

 

Expected trading range for today is between 0.7215 support and 0.7400

 

Expected trend for today: Bullish

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