NZDUSD reaches the first target – Analysis - 21-06-2018
Economies.com
2018-06-21 03:56AM UTC
The NZDUSD pair shows more decline to manage to achieve our first waited target at 0.6850, falling under continuous negative pressure coming by the EMA50, reinforcing the chacnes of extending the bearish wave towards our next target at 0.6779.
Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 0.6934 level and holding above it.
Expected trading range for today is betwenen 0.6779 support and 0.6934
Expected trend for today: Bearish
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