Midday update for NZDUSD 23-03-2017

The NZDUSD pair continues to move within sideways and tight track around 0.7049 level, which keeps trading confined between the next trend keys represented by 0.6915 support and 0.7049 resistance, waiting to breach one of these levels to detect the next targets clearly, which we explained the details of the targets in our morning report.

Therefore, our neutrality will remain valid until we get clearer confirmation signal for the next trend.

Expected trading range for today is between 0.6950 support and 0.7150

Expected trend for today: Depends on the above mentioned levels