Midday update for NZD USD 30/03/2015

Economies.com
2015-03-30 10:45AM UTC

 

The NZDUSD pair shows negative trading since morning and it attempts to surpass the EMA50, which provides signals for the continuation of the bearish bias for today as long as the price below 0.7600 initially.

 

Until now, our neutral attitude remains valid until detecting the next trend by surpassing one of the critical levels represented by 0.7450 support and 0.7655 resistance, to recognize the expected targets from the breach, please review our morning report.

 

Expected trading range for today is between: 0.7400 support and 0.7655 resistance.

 

Expected trend for today: Neutral

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