Midday update for the NZDUSD 14-08-2019

Economies.com
2019-08-14 10:10AM UTC

The NZDUSD pair rebounds bearishly to approach 0.6400 barrier, getting negative signal through stochastic, to keep the bearish trend valid and active for today, supported by the negative pressure formed by the EMA50, reminding you that our next target is located at 0.6377, while the price needs to hold below 0.6480 to achieve the mentioned target.

 

The expected trading range for today is betwenen 0.6400 support and 0.6500

 

The expected trend for today: Bearish

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