NZDUSD within tight track – Analysis - 03-11-2017
Economies.com
2017-11-03 04:08AM UTC
The tight range dominated the NZDUSD pair's trading yesterday, to remain stable around 0.6900 level, and as long as the price is below 0.6992, our bearish overview will remain active, waiting to test 0.6817 level initially, which breaking it represents the key to rally towards 0.6617 on the near term basis.
On the other hand, we should note that breaching 0.6992 will lead the pair to extend the bullish correction and target 0.7100 areas before any new attempt to decline.
Expected trading range for today is between 0.6820 support and 0.6992
Expected trend for today: Bearish
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