NZDUSD confirms the break – Analysis - 09-10-2017

Economies.com
2017-10-09 03:45AM UTC

The NZDUSD pair confirmed breaking 0.7100 level after closing last week below it, to open the way to extend the bearish wave on the short term basis, targeting heading towards 0.6992 as a next main station.

 

Therefore, the bearish trend will remain dominant in the upcoming sessions unless breaching 0.7100 followed by 0.7187 levels and holding above them.

 

Expected trading range for today is between 0.6992 support and 0.7130

 

Expected trend for today: Bearish

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