Midday update for NZD USD 03/03/2015

Economies.com
2015-03-03 12:08PM UTC

The NZDUSD pair fluctuates around the EMA50, and it provides some slight bearish bias to approach from the critical support at 0.7515, which represents one of the next trend keys besides 0.7565 resistance, we need to breach one of these levels to detect the next track clearly, which makes us remain neutral until now.

 

To recognize the expected targets from the breach, please look at our morning report.

 

Expected trading range for today is between: 0.7400 support and 0.7660 resistance.

 

Expected trend for today: Neutral

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