Midday update for NZD USD 21/11/2014

Economies.com
2014-11-21 11:43AM UTC

The NZDUSD pair is attempting to breach 0.7905 level but it’s still below it until now, which makes us keep our bearish overview for today, which targets visiting 0.7720 areas mainly, noting that holding above 0.7905 will stop the decline expectations and push the price to recovery attempts that its main targets reach 0.8180.

 

Expected trading range for today is between: 0.7720 support and 0.7950 resistance.

 

Expected trend for today: Bearish

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