Midday update for NZDUSD 06-03-2017
Economies.com
2017-03-06 11:24AM UTC
The NZDUSD pair returned to approach from testing .7049 level and bounces lower from there, keeping the negative pressure valid for today, and its targets begin by testing 0.6973 level, reminding you that breaking this level will push the price towards 0.6848 mainly.
In general, we will keep preferring the bearish trend for today unless breaching 0.7049 level and holding above it.
Expected trading range for today is between 0.6900 support and 0.7100
Expected trend for today: Bearish
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