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The NZDUSD achieves more targets – Analysis - 13-03-2020
The NZDUSD pair provided strong negative trades yesterday to surpass 0.6191 level and achieves the second target at 0.6090, noting that the price stability below the first level will press on the price to provide more decline in the upcoming period, as the next target reaches 0.6000.
Therefore, we suggest the continuation of the bearish trend domination on the intraday and short term basis unless the price managed to breach 0.6191 level and hold above it.
The expected trading range for today is between 0.6050 support and 0.6220
The expected trend for today: Bearish
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