The NZDUSD gets the positive momentum – Analysis - 19-03-2019

Economies.com
2019-03-19 05:07AM UTC

The NZDUSD pair continues to fluctuate around 0.6870 level, noticing that stochastic got rid of its negative momentum and moves near the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets testing 0.6910 level as a next station.

 

Breaching the mentioned level will extend the bullish wave to reach 0.7024, while holding above 0.6795 represents key condition to achieve the suggested targets.

 

The expected trading range for today is betwenen 0.6800 support and 0.6930

 

The expected trend for today: Bullish

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