Midday update for NZDUSD 19-03-2018
Economies.com
2018-03-19 11:05AM UTC
The NZDUSD pair provides positive trades now after approaching our main waited target at 0.7185, while the EMA50 continues to form negative pressure against the price, to keep the bearish trend scenario valid on the intraday and short term basis, reminding you that breaking 0.7185 will extend the bearish wave to reach 0.7107 followed by 0.7030 levels, while holding below 0.7281 represents the most important condition to continue the expected decline.
Expected trading range for today is between 0.7120 support and 0.7281
Expected trend for today: Bearish
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