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NZDUSD attacks the resistance – Analysis - 07-03-2018
The NZDUSD pair rallied upwards clearly yesterday to attack 0.7281 level and settles above it, but it begins today with bearish bias affected by stochastic negativity, to move below the mentioned level, which keeps the chances valid to continue the correctional bearish trend in the upcoming period, waiting to head towards 0.7185 as a first station.
Therefore, we will continue to suggest the correctional bearish trend unless the price ends today’s trading above 0.7281.
Expected trading range for today is between 0.7185 support and 0.7330
Expected trend for today: Bearish
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