Forex

The NZDUSD approaches the first target – Analysis - 18-07-2019

2019-07-18 04:51:32 GMT (Economies.com)

The NZDUSD pair shows bullish bias to approach our first waited target at 0.6750, getting continuous positive support by the EMA50, which supports the chances of breaching the mentioned level and extend the bearish wave towards our next target at 0.6816.

 

Therefore, we will keep our bullish overview for the upcoming period unless breaking 0.6650 level and holding below it.

 

The expected trading range for today is betwenen 0.6700 support and 0.6800

 

The expected trend for today: Bullish

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