NZDUSD below the resistance – Analysis - 10-12-2018
Economies.com
2018-12-10 05:37AM UTC
The NZDUSD pair settles below the key resistance 0.6910, noticing that the price broke the correctional bullish trend line that appears on the chart, to keep the bearish trend suggested in the upcoming period, which targets testing 0.6795 level as a next station.
We should note that breaching 0.6910 will push the price to extend its bullish correction and test 0.7024 level direct.
Expected trading range for today is betwenen 0.6800 support and 0.6940
Expected trend for today: Bearish
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