Midday update for NZDUSD 15-11-2017
Economies.com
2017-11-15 10:56AM UTC
The NZDUSD pair tests 0.6900 barrier now, and the EMA50 forms negative pressure against the intraday trading, while stochastic keeps losing the positive momentum on the four hours' time frame.
Therefore, our bearish overview will remain active for today unless breaching 0.6992 level and holding above it, reminding you that our main targets begin at 0.6818 and extend to 0.6618 after breaking the previous level.
Expected trading range for today is between 0.6780 support and 0.6925
Expected trend for today: Bearish
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