NZDUSD fails to breach – Analysis - 15-12-2016
Economies.com
2016-12-15 05:17AM UTC
The NZDUSD pair bounced downwards sharply yesterday after failing to breach 0.7215 level, to head towards 0.7049 direct, which represents important key to detect the next destination, as breaking it will push the price to show more negative trading that its next main target located at 0.6915
Therefore, we expect the domination of the bearish trend on the upcoming trading unless the price managed to breach 0.7215 level and holding above it.
Expected trading range for today is between 0.7000 support and 0.7215
Expected trend for today: Bearish
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