Midday update for NZDUSD 09-03-2017
Economies.com
2017-03-09 11:02AM UTC
The NZDUSD pair keeps its stability below 0.6915 level, keeping the negative pressure valid for today, targeting testing the next correctional level that located at 0.6780.
Therefore, we will keep our bearish trend expectations active unless breaching 0.7049 level and holding above it, being aware that breaking the targeted level will extend the pair’s losses to reach 0.6614 as a next main target.
Expected trading range for today is between 0.6780 support and 0.6965
Expected trend for today: Bearish
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