The NZDUSD breaks the support – Analysis - 16-09-2019
Economies.com
2019-09-16 04:54AM UTC
The NZDUSD pair broke 0.6390 support and settled below it, but it begins today with bullish bias in attempt to step above it again, getting positive support by stochastic, which encourages us to suggest the bullish bias in the upcoming sessions, which targets 0.6470 level mainly.
Note that confirming the stability above 0.6390 is required to continue the expected bullish trend, as failing to breach it will put the price under negative pressure that targets heading towards 0.6270 initially.
The expected trading range for today is between 0.6360 support and 0.6450
The expected trend for today: Bullish
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