Midday update for NZDUSD 14-11-2017
Economies.com
2017-11-14 10:56AM UTC
The NZDUSD pair shows slight bullish bias after this morning decline, where the price affected by stochastic positivity, while the bearish trend remains valid if the price settled below 0.6992, supported by the negative pressure that comes from the EMA50.
Our initial target at 0.6818, and breaking it will extend the bearish wave to reach 0.6618 on the near term basis.
Expected trading range for today is between 0.6780 support and 0.6925
Expected trend for today: Bearish
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