NZDUSD hovers around the support – Analysis - 15-03-2017
Economies.com
2017-03-15 05:19AM UTC
The NZDUSD pair fluctuates near 0.9615 level without confirming breaking it until now, where the price affected by stochastic positivity that appears on the daily time frame, which might push the price to test 0.6965 level before the return to decline again.
Therefore, the overall bearish trend scenario will remain valid unless breaching 0.6965 then 0.7049 levels and holding above them, where this breach will push the price to attempt to return to the main bullish trend, while the next correctional target located at 0.6780.
Expected trading range for today is between 0.6800 support and 0.7000
Expected trend for today: Bearish
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