Forex

Midday update for the NZDUSD 20-03-2019

2019-03-20 10:33:24 GMT (Economies.com)

The NZDUSD pair rebounds bullishly after leaning on the EMA50 this morning, motivated by stochastic positivity that appears on the four hours’ time frame, waiting to visit 0.6910 as a next main station, reminding you that breaching this level will extend the bullish wave to reach 0.7024 on the near term basis, while the price needs to hold above 0.6795 to achieve the suggested positive targets.

 

The expected trading range for today is betwenen 0.6790 support and 0.6910

 

The expected trend for today: Bullish

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