The NZDUSD recovers – Analysis - 11-07-2019
Economies.com
2019-07-11 04:26AM UTC
The NZDUSD pair bounced upwards clearly after 0.6585 level formed solid support barrier against the price’s recent negative attempts, to breach 0.6650 level and settles above it now, which hints the price head to achieve more expected gains in the upcoming sessions, on its way to test 0.6700 initially.
Therefore, the bullish bias will be expected for today, noting that breaching the targeted level will push the price towards 0.6750 as a next station, while the suggested rise will remain valid unless breaking 0.6585 level and holding below it.
The expected trading range for today is betwenen 0.6600 support and 0.6720
The expected trend for today: Bullish
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