NZDUSD continues to decline – Analysis - 25-10-2017
Economies.com
2017-10-25 03:37AM UTC
The NZDUSD pair shows more negative trading to approach gradually from our waited target at 0.6817, as it attacks the bearish channel's support that appears on chart, which reinforces the expectations of continuing the bearish bias in the upcoming sessions, noting that breaking the mentioned level will cause extension to the bearish wave on the medium term basis, to target 0.6617 areas.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 0.6992 level and holding above it.
Expected trading range for today is between 0.6700 support and 0.6950
Expected trend for today: Bearish
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