Midday update for NZDUSD 13-07-2018

Economies.com
2018-07-13 10:59AM UTC

The NZDUSD pair managed to break 0.6765 level strongly to activate the negative effect of the bearish flag pattern mentioned this morning, which supports the continuation of our bearish overview efficiently for the rest of the day, and the way is open to visit our waited target at 0.6670, while holding below 0.6774 represents the first condition to continue the expected decline.

 

Expected trading range for today is betwenen 0.6670 support and 0.6850

 

Expected trend for today: Bearish

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