Midday update for the NZDUSD 18-06-2019

Economies.com
2019-06-18 10:28AM UTC

The NZDUSD pair shows positive trading on its way for a potential test to the key resistance 0.6525, and the price needs tohold below this level to keep the negative scenario active for today, as breaching it might push the price to achieve more intraday gains and test 0.6585 areas before any new attempt to decline, while breaking 0.6481 represents the key to head towards 0.6345 that represents the next main target of the expected bearish wave.

 

The expected trading range for today is betwenen 0.6430 support and 0.6525

 

The expected trend for today: Bearish

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