NZDUSD rises calmly – Analysis - 15-05-2017

Economies.com
2017-05-15 04:20AM UTC

The NZDUSD pair shows some slight bullish bias to approach from testing 0.6915 level, and as long as the price is below this level, our bearish overview will remain valid and active for the upcoming period, reminding you our next main target is located at 0.6780.

 

Note that breaching 0.6915 will push the price to exit the bearish channel that appears on chart and push the price to regain its main bullish track again.

 

Expected trading range for today is between 0.6780 support and 0.6915

 

Expected trend for today: Bearish

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