Midday update for NZDUSD 13-02-2019
Economies.com
2019-02-13 10:28AM UTC
The NZDUSD pair shows a bearish bias now after the strong bullish rally that it witnessed this morning, in its way for a potential test to 0.6795 level, as we mentioned in our previous report, we need to get a clearer confirmation signal for the next trend by monitoring the price behavior according to the mentioned level then detecting the next trend clearly.
Therefore, we will stay aside until now, to recognize the expected targets in the upcoming period, please review our morning report.
The expected trading range for today is betwenen 0.6770 support and 0.6910
The expected trend for today: Neutral
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