No news for NZDUSD – Analysis - 30-03-2017

The NZDUSD pair keeps fluctuating in tight and sideways track confined between the critical levels that represented by 0.6915 support and 0.7049 resistance, and we still waiting for breaching one of these levels to detect the next targets clearly, which makes us remain neutral until now.

Note that breaching the mentioned resistance will lead the price to stop the bearish correctional pressure that controls the last trading then regaining the main bullish trend, and its positive targets begin at 0.7215 and extend to 0.7484, while breaking 0.6915 will put the price to visit 61.8% Fibonacci level at 0.6780.

Expected trading range for today is between 0.6950 support and 0.7120

Expected trend for today: Depends on the above mentioned levels