Midday update for the NZDUSD 13-11-2019

The NZDUSD pair shows bearish bias now to hint the price head to resume the expected bearish trend on the intraday and short term basis, to keep the bearish trend scenario valid in the upcoming period, and the way is open to test 0.6340 that represents the first target, noting that breaking this level will push the price towards 0.6285 followed by 0.6205 levels as next main stations, while holding below 0.6426 represents key condition to achieve the suggested targets.

The expected trading range for today is between 0.6320 support and 0.6440

The expected trend for today: Bearish