NZDUSD tests the resistance – Analysis - 27-03-2017

The NZDUSD pair tests the critical resistance at 0.7049 now, which represents one of the next trend keys besides 0.6915 support, and we still waiting for breaching one of these levels to detect the next targets clearly, which makes us remain neutral until now.

Reminding you that the mentioned resistance will open the way towards regaining the main bullish trend line, and the bullish targets begin at 0.7215 and extend to 0.7484, while breaking 0.6915 will push the price to head to 0.6780 directly. 

Expected trading range for today is between 0.6950 support and 0.7135

Expected trend for today: Depends on the above mentioned levels