Midday update for NZDUSD 15-03-2017

Economies.com
2017-03-15 11:33AM UTC

The NZDUSD pair keeps moving in sideways track keeping its stability below 0.6965 level, keeping our bearish trend expectations valid until now, waiting for breaking 0.9615 level to confirm opening the way towards 0.6780 mainly.

 

Note that breaching 0.6965 then 0.7049 will stop the suggested bearish wave and pushes the price to resume its main bullish track.

 

Expected trading range for today is between 0.6800 support and 0.7000

 

Expected trend for today: Bearish

 

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