Midday update for NZDUSD 09-03-2018

Economies.com
2018-03-09 11:37AM UTC

The NZDUSD pair tests 0.7281 level and keeps its stability below it until now, accompanied by stochastic approach to the overbought areas, which supports the chances of resuming the expected bearish trend for today, which its targets begin by testing 0.7185 level, while breaching 0.7281 represents the key to regain the main bullish trend and head towards 0.7436 as a first station.

 

Expected trading range for today is between 0.7160 support and 0.7340

 

Expected trend for today: Bearish

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