Midday update for the NZDUSD 06-04-2020

2020-04-06 10:50:44 GMT (Economies.com)
 

The NZDUSD pair provides positive trades to test the EMA50, and it might test the key resistance 0.5958 before turning back to decline again.

 

In general, we will keep our bearish overview for today unless the price rallied to breach the mentioned resistance and hold above it, noting that our first target is represented by testing 0.5842, which breaking it represents the key to rally towards 0.5700.

 

The expected trading range for today is between 0.5750 support and 0.5960

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1291
0.0172
1.5465%
1.2656
0.0242
1.9458%
Tadawul
7207.78
-14.63
0.20%
17.360
-0.719
3.977%
39.164
4.677
13.562%
42.11
2.13
5.33%
1685.155
-47.530
2.743%
 
 
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