The NZDUSD within tight track – Analysis - 14-03-2019

Economies.com
2019-03-14 05:30AM UTC

The NZDUSD pair fluctuates within sideways and tight track since yesterday, and as long as the price is above 0.6795, our bullish overview will remain active, supported by moving above the EMA50, waiting to visit 0.6910 as a first target.

 

Note that breaching the mentioned level will extend the bullish wave to reach 0.7024 as a next main station, while breaking 0.6795 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is betwenen 0.6795 support and 0.6910

 

The expected trend for today: Bullish

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