Midday update for NZDUSD 22-10-2018

Economies.com
2018-10-22 09:41AM UTC

The NZDUSD pair keeps its stability below the main bearish channel’s resistance, to keep the bearish trend scenario valid for today, supported by stochastic negativity, waiting to head towards 0.6500 level that represents our first main target, reminding you that it important to hold below 0.6625 level to continue the expected decline.

 

Expected trading range for today is betwenen 0.6520 support and 0.6650

 

Expected trend for today: Bearish

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