The NZDUSD awaits the activation of the positive pattern – Analysis - 11-10-2019

Economies.com
2019-10-11 04:49AM UTC

The NZDUSD pair continues to fluctuate at 0.6325, which represents the neckline of the inverted head and shoulders’ pattern that its signs appear on the chart, waiting to breach this level to get positive motive that supports the chances of achieving our positive targets that start at 0.6450.

 

In general we will continue to suggest the bullish trend in the upcoming period unless breaking 0.6260 level and holding below it.

 

The expected trading range for today is between 0.6260 support and 0.6400

 

The expected trend for today: Bullish

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