Midday update for the NZDUSD 15-11-2019

Economies.com
2019-11-15 10:58AM UTC

The NZDUSD pair shows bearish bias now to start testing the EMA50, thus, ou bearish overview will remain valid for the upcoming sessions, supported by stochastic approach to the overbought areas, waiting to visit 0.6340 level as a first station, which breaking it represents the key to rally towards 0.6285 followed by 0.6205 levels, 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

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