Midday update for NZDUSD 20-10-2017

Economies.com
2017-10-20 11:00AM UTC

The NZDUSD pair closed the last four hours' candlesticks below 0.6992 level, to support the continuation of our bearish overview in the upcoming sessions, which targets 0.6920 followed by 0.6817 levels, supported by the negative pressure formed by the EMA50, reminding you that the continuation of the expected decline depends on holding below 0.7100.

 

Expected trading range for today is between 0.6880 support and 0.7050

 

Expected trend for today: Bearish

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