Midday update for NZDUSD 09-08-2018

Economies.com
2018-08-09 09:21AM UTC

The NZDUSD pair keeps declining strongly to surpass 0.6660 level and heads towards our next waited target at 0.6575, which supports the continuation of our bearish trend expectations efficiently for the upcoming period, noting that the EMA50 supports the expected decline, which its continuation conditions holding below 0.6730.

 

Expected trading range for today is betwenen 0.6575 support and 0.6730

 

Expected trend for today: Bearish

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