The NZDUSD within sideways track – Analysis - 10-10-2019

Economies.com
2019-10-10 04:52AM UTC

The NZDUSD pair shows sideways trading recently as appears on the chart, starting today with new rise supported by stochastic positivity, to approach testing 0.6325 level again, and as we mentioned in our recent reports, the price needs to breach this level to confirm rallying towards more positive targets that begin at 0.6355 and extend to 0.6450.

 

Therefore, we will keep our bullish overview unless breaking 0.6260 level.

 

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

 

The expected trend for today: Bullish

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