NZDUSD tests the support base – Analysis - 28-07-2017

Economies.com
2017-07-28 04:21AM UTC

The NZDUSD pair fluctuates around 0.7484 keeping its stability above it, accompanied by witnessing clear oversold signals through stochastic, which keeps the bullish trend scenario valid until now, organized inside the bullish channel that appears on the above chart.

 

The next main target is located at 0.7600, noting that breaking 0.7484 will push the price to test 0.7329 areas before any new positive attempt.

 

Expected trading range for today is between 0.7400 support and 0.7600

 

Expected trend for today: Bullish

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