The NZDUSD tests the support – Analysis - 17-01-2020

Economies.com
2020-01-17 05:36AM UTC

The NZDUSD pair tested 0.6625 level and kept its stability above it, accompanied by stochastic gaining the positive momentum, to support the chances of resuming the expected bullish trend for the upcoming period, which targets 0.6755 level as a next main station.

 

Therefore, we will keep our bullish overview conditioned by the price stability above 0.6625.

 

The expected trading range for today is between 0.6580 support and 0.6700

 

The expected trend for today: Bullish

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