NZDUSD achieves some bullish correction – Analysis - 02-11-2017

Economies.com
2017-11-02 04:29AM UTC

The NZDUSD pair keeps crawling upwards to show some bullish correction for the decline that started from 0.7558 areas, and it might test 0.6992 before turning back to decline again.

 

In general, we will continue to suggest the bearish trend in the upcoming period unless breaching 0.6992 and holding above it, noting that the main expected targets begin at 0.6817 and extend to 0.6617 after breaking the previous level.

 

Expected trading range for today is between 0.6850 support and 0.7000

 

Expected trend for today: Bearish

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