NZDUSD fails to hold positively – Analysis - 08-03-2017
Economies.com
2017-03-08 05:24AM UTC
The NZDUSD pair continued its negative pressure to break 0.6973 level and settles below it, which opens the way towards the continuation of the bearish trend on the short term basis, easing the way towards the recorded bottom at 0.6848 as a next main station.
Therefore, we prefer the domination of the negative trading for today, pointing that breaching 0.6973 level will lead the price to recovery attempts that its main targets begin by testing 0.7049 level.
Expected trading range for today is between 0.6848 support and 0.7020
Expected trend for today: Bearish
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