Midday update for NZDUSD 06-12-2017

Economies.com
2017-12-06 10:43AM UTC

The NZDUSD pair approached the symmetrical triangle's resistance that appears on the chart and begins to to provide negative trades now, to keep the bearish trend scenario active for today, reminding you that breaking 0.6825 will motivate the price to continue the main bearish trend that its targets begin by testing 0.6780, noting that holding below 0.6964 represents the most important condition to continue the expected rise.

 

Expected trading range for today is between 0.6800 support and 0.6964

 

Expected trend for today: Bearish

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