NZDUSD loses momentum – Analysis - 15-11-2017
Economies.com
2017-11-15 04:27AM UTC
The NZDUSD pair shows some slight bearish bias now that hints the price head to resume the bearish trendi n the upcoming sessions, as stochastic lost its positive momentum on the intraday time frames, while the EMA50 keeps pushing negatively on the price.
Therefore, the bearish trend will remain suggested on the intraday and short term basis conditioned by holding below 0.6992 level, reminding you that breaking 0.6818 will open the way to rally towards 0.6618 on the near term basis.
Expected trading range for today is between 0.6780 support and 0.6925
Expected trend for today: Bearish
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