Midday update for the NZDUSD 02-04-2020

Economies.com
2020-04-02 09:59AM UTC

The NZDUSD pair tested the key resistance 0.5958 and still below it until now, accompanied by stochastic loss to the positive momentum gradually, which keeps the expected bearish trend active for today, which its next main target located at 0.5842, taking into consideration that breaching 0.5958 will push the price back to the correctional bullish track.

 

The expected trading range for today is between 0.5840 support and 0.6000

 

The expected trend for today: Bearish

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