Midday update for the NZDUSD 26-03-2020
Economies.com
2020-03-26 11:27AM UTC
The NZDUSD pair shows bullish bias to settle above 0.5842 level now, which supports the chances of resuming the correctional bullish trend, noting that we prefer continuing neutral until the price confirms the breach with a daily close above the mentioned level followed by heading towards 0.5958 as a first positive station.
On the other hand, note that breaking 0.5785 will put the price under negative pressure that targets 0.5700 areas direct.
The expected trading range for today is between 0.5730 support and 0.5950
The expected trend for today: Neutral
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