The NZDUSD gathers the positive momentum – Analysis - 13-09-2019

Economies.com
2019-09-13 05:02AM UTC

The NZDUSD pair provided negative trades yesterday to approach the key support 0.6390, and the EMA50 meets this support to add more strength to it, accompanied by witnessing positive signals through stochastic, thus, we believe that the chances are valid to trade positively today, waiting to visit 0.6470 as a next main target.

 

In general, the bullish trend will remain valid unless breaking 0.6390 level and holding below it.

 

The expected trading range for today is between 0.6370 support and 0.6470

 

The expected trend for today: Bullish

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