Midday update for NZDUSD 23-10-2017
Economies.com
2017-10-23 10:16AM UTC
The NZDUSD pair retested 0.6992 level and kept its stability below it, to keep the bearish trend valid for the the rest of the day, noticing that stochastic loses its positive momentum gradually to support the expectations to decline, waiting to target 0.6817 level as a next main station, reminding you that holding below 0.6991 represents key condition to continue the suggested bearish bias.
Expected trading range for today is between 0.6860 support and 0.7020
Expected trend for today: Bearish
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