Midday update for NZDUSD 01-11-2017
Economies.com
2017-11-01 10:41AM UTC
The NZDUSD pair shows more rise to surpass the EMA50, noticing that stochastic enters the overbought areas now, which supports the chances of bouncing bearishly to resume the main bearish trend, which its targets begin by attacking 0.6817 level to open the way to head towards 0.6617, taking into consideration that the continuation of the expected decline depends on holding below 0.6992.
Expected trading range for today is between 0.6800 support and 0.7000
Expected trend for today: Bearish
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