NZDUSD is stable below the resistance – Analysis - 16-07-2018
Economies.com
2018-07-16 03:50AM UTC
The NZDUSD pair keeps its stability below 0.6774 level, to keep the negative pressure valid until now, supported by stochastic reach to the overbought areas, waiting to target 0.6670 level initially.
We should note that breaching 0.6774 will push the price to start recovery attempts that target 0.6827 followed by 0.6870 initially.
Expected trading range for today is betwenen 0.6670 support and 0.6830
Expected trend for today: Bearish
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