NZDUSD presses on the support – Analysis - 17-12-2018
Economies.com
2018-12-17 05:05AM UTC
The NZDUSD pair hovers around 0.6795 level, waiting to confirm breaking this level to reinforce the expectations of continuing the bearish trend on the short term basis, as our next main target located at 0.6654.
In general, we will continue to suggest the bearish trend as long as the price is below 0.6910, supported by moving below the EMA50.
Expected trading range for today is betwenen 0.6700 support and 0.6850
Expected trend for today: Bearish
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