NZDUSD hits the target – Analysis - 27-10-2017
Economies.com
2017-10-27 04:05AM UTC
The NZDUSD pair managed to reach our waited target at 0.6817 and settles there, as it broke the bearish channel's support that appears on chart, hinting the continuation of the negative pressure in the upcoming period, waiting to extend the bearish wave on the short term basis to reach 0.6617 as a next main station.
Therefore, we will continue to suggest the bearish trend in the upcoming period unless the price managed to breach 0.6992 level and hold above it.
Expected trading range for today is between 0.6750 support and 0.6900
Expected trend for today: Bearish
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