Midday update for NZDUSD 08-12-2017
Economies.com
2017-12-08 10:58AM UTC
The NZDUSD pair hovers around the symmetrical triangle's support that appears on the above chart, while stochastic begins to lose the positive momentum gradually, to support the chances of resuming the bearish bias in the upcoming sessions.
In general, the bearish trend scenario still active for today conditioned by holding below 0.6862 level, reminding you that our main targets begin at 0.6780 and extend to go further towards 0.6620 after breaking the previous level.
Expected trading range for today is between 0.6750 support and 0.6900
Expected trend for today: Bearish
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