Русский
The NZDUSD pair shows more sideways trading around 0.7000, noticing that stochastic shows bullish trend signals on the four hours’ time frame, to support the continuation of our bullish trend expectations in the upcoming sessions, reminding you that our main target is located at 0.7095.
The continuation of the expected rise depends on holding above 0.6950 level, being aware that it is important to monitor the price behavior when reaching the targeted level, as breaching it represents the key to extend the bullish wave on the short term basis to reach 0.7323.
Expected trading range for today is between 0.6900 support and 0.7130
Expected trend for today: Bullish
Origin: Economies
