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NZDUSD tests the support – Analysis - 22-01-2018
The NZDUSD pair shows new test to the key support 0.7260 now, and as long as the price is above this level, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50 that protects trading inside the bullish channel that appears on the chart, besides the positivity that appears on stochastic.
Our waited targets begin at 0.7375 and extend to 0.7560 after breaching the previous level, reminding you that holding above 0.7260 represents main condition to continue the expected rise.
Expected trading range for today is between 0.7220 support and 0.7375
Expected trend for today: Bullish
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AUDUSD rebounds from the resistance – Analysis - 22-01-2018
The AUDUSD pair shows some bearish bias after touching the bullish channel’s resistance that appears on the chart, and the price might be forced to visit 0.7936 level before resuming the bullish trend again.
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