NZDUSD keeps its positive stability – Forecast – 31/07/2017

nzd_3_newsThe NZDUSD pair kept its stability above the key support 0.7484 and resumed its positive trading on its way towards the recently recorded top at 0.7559, to keep the bullish trend dominant on the intraday and short term basis, noting that our next target rises to 0.7610.

The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 0.7484.

Expected trading range for today is between 0.7440 support and 0.7610

Expected trend for today: Bullish

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Origin: Economies

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