NZD/USD gets a positive signal – Analysis – 12/11/2018

news_22_feb_nzd_usd_2The NZDUSD pair begins today’s trading with slight bullish bias in attempt to regain the intraday bullish track, motivated by stochastic current positivity, waiting to test 0.6795 level to confirm opening the way to head towards 0.6910 that represents our next main target.

Holding above 0.6705 is important to continue the expected rise, as breaking it will push the price to turn to decline and return to the main bearish track again.

Expected trading range for today is betwenen 0.6680 support and 0.6820

Expected trend for today: Bullish

NZDUSD gets a positive signal – Analysis - 12-11-2018

Origin: Economies

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