NZDUSD resumes the decline – Analysis - 06-11-2017
Economies.com
2017-11-06 04:35AM UTC
The NZDUSD pair begins today's trading with bearish bias to resume its main bearish track, heading towards the recently recorded low at 0.6817, waiting to break this level to open the way to head towards 0.6617 that represents our next main target.
Therefore, the bearish trend will remain suggested in the upcoming sessions, noting that breaching 0.6992 will push the price to start bullish correction that its main targets begin by testing 0.7100.
Expected trading range for today is between 0.6800 support and 0.6950
Expected trend for today: Bearish
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