Midday update for NZDUSD 05-01-2017
2017-01-05 11:07:35 GMT (Economies.com)
Midday update for NZDUSD 05-01-2017
 

The NZDUSD pair bounced bearishly after approaching from 0.7049 level, to start pushing on 0.6975 level, which supports the chances of turning back to resume the bearish trend again, waiting to test 0.6915 level initially, noting that breaking this level will extend the bearish wave to target 0.6780 as a next main station.

 

Therefore, we expect to witness more decline in the upcoming sessions unless breaching 0.7049 level and holding above it.

 

Expected trading range for today is between 0.6900 support and 0.7049

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1629
-0.0001
0.0086%
1.2971
-0.0003
0.0254%
16.323
-0.008
0.049%
46.895
-0.035
0.075%
49.30
-0.40
0.80%
1244.560
-0.165
0.013%
 
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