NZDUSD begins negatively – Analysis - 19-02-2019
Economies.com
2019-02-19 05:04AM UTC
The NZDUSD pair begins today’s trading with bearish bias after approaching our expected target yesterday at 0.6910, on its way towards a potential test to the key support 0.6795, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to rebound bullishly and resume the expected bullish trend for the upcoming period.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 0.6795, reminding you that breaching 0.6910 will push the price to visit 0.7024 direct.
The expected trading range for today is betwenen 0.6780 support and 0.6910
The expected trend for today: Bullish
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