NZD USD attempts positively – Analysis – 25/02/2016

nzd_3_newsThe NZDUSD pair showed some bullish bias yesterday to settle above the EMA50 now, to support the continuation of the expected positive scenario on the intraday and short term basis, which its next main target located at 0.6860.

Therefore, we will keep our bullish overview for the upcoming sessions conditioned by holding above 0.6490 level, noting that breaching 0.6765 level will ease the mission of continuing the expected bullish trend.

Expected trading range for today is between 0.6550 support and 0.6765 resistance.

Expected trend for today: Bullish

nzdusd2

Origin: economies.com

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