Midday update for NZDUSD 16-11-2017

Economies.com
2017-11-16 10:42AM UTC

The NZDUSD pair crawls downwards gradually to approach our first expected target at 0.6818, waiting to break this level to rally towards 0.6618 that represents our next main station.

 

In general, the bearish trend will remain valid for today unless breaching 0.6992 level and holding above it.

 

Expected trading range for today is between 0.6780 support and 0.6925

 

Expected trend for today: Bearish

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