The NZDUSD affected by the negative momentum – Analysis - 13-03-2019

Economies.com
2019-03-13 05:06AM UTC

The NZDUSD pair trades negatively now affected by stochastic negativity, but the EMA50 provides the positive support to the price and protects the key support 0.6795, to keep the chances valid to resume the expected bullish trend on the intraday basis, which its next target located at 0.6910.

 

Therefore, we will keep our bullish overview unless breaking 0.6795 level and holding below it.

 

The expected trading range for today is betwenen 0.6795 support and 0.6910

 

The expected trend for today: Bullish

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