Midday update for NZDUSD 30-09-2016

Economies.com
2016-09-30 10:51AM UTC

The NZDUSD pair shows some calm positive attempts affected by stochastic positivity, noticing that the EMA50 continues to push negatively on the intraday trading, which keeps our bearish overview valid until now, waiting to target 0.7100 followed by 0.6995 levels mainly.

 

Holding below 0.7329 represents the most important condition to achieve the suggested targets.

 

Expected trading range for today is between 0.7100 support and 0.7329

 

Expected trend for today: Bearish

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