Midday update for the NZDUSD 12-11-2019

Economies.com
2019-11-12 10:33AM UTC

The NZDUSD pair keeps its stability below 0.6340 level, keeping the negative pressure valid for today, supported by the EMA50, reminding you that our main waited targets begin at 0.6285 and extend to 0.6205, while breaching 0.6340 represents a positive motive that will push the price to achieve intraday gains that reach 0.6426 before any new attempt to decline.

 

The expected trading range for today is between 0.6260 support and 0.6380

 

The expected trend for today: Bearish

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