NZDUSD retests successfully – Analysis – 03.06.2016

nzd_1_newsThe NZDUSD pair retested 0.6781 level and kept its stability above it, which keeps the bullish trend scenario valid and active for the upcoming period, which its next target located at 0.6885.

The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 0.6781 and the most important above 0.6698.

Expected trading range for today is between 0.6745 support and 0.6950

Expected trend for today: Bullish

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Origin: Economies

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