The NZDUSD touches the extended target – Analysis - 18-10-2021
Economies.com
2021-10-18 04:23AM UTC
The NZDUSD pair succeeded to achieve our waited target at 0.7080 and attempted to breach it, finding solid resistance there that might force the price to achieve temporary decline before turning back to rise again.
Stochastic starts to get rid of the negative momentum, waiting to get positive motive that push the price to breach the mentioned level and rally towards 0.7170 as a next positive target, to keep the bullish trend suggested for the upcoming period unless breaking 0.7030 and holding below it.
The expected trading range for today is between 0.7030 support and 0.7120 resistance
The expected trend for today: Bullish
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