Forex

The NZDUSD surpasses the first target – Analysis - 19-07-2019

2019-07-19 04:56:39 GMT (Economies.com)

The NZDUSD pair rallied upwards strongly yesterday to succeed surpassing 0.6750 level and opens the way to head towards our next target at 0.6816, organized inside the bullish channel that appears on the chart, supported by the EMA50 that carries the price from below.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 0.6750 and 0.6700 levels.

 

The expected trading range for today is betwenen 0.6750 support and 0.6850

 

The expected trend for today: Bullish

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