Midday update for NZDUSD 06-01-2017

Economies.com
2017-01-06 12:06PM UTC

The NZDUSD pair shows sideways trading since morning settled near 0.7049 level, as long as the price below this level, so our bearish trend expectations will remain valid and active, waiting for bouncing lower to target 0.6915 level initially, reminding you that breaking this level will extend the bearish wave to reach 0.6780 as a next main station.

 

Expected trading range for today is between 0.6915 support and 0.7070

 

Expected trend for today: Bearish

 

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