The NZDUSD affected by the positive momentum – Analysis - 15-11-2019

Economies.com
2019-11-15 05:42AM UTC

The NZDUSD pair provided slight positive trades after the decline that it witnessed yesterday, as the price is affected by stochastic positivity, while the bearish trend still suggested as long as the price is below 0.6426, waiting to test 0.6340 level initially, reminding you that breaking it will push the price towards 0.6285 followed by 0.6205 levels.

 

On the other hand, we should note that breaching 0.6426 will lead the price for more bullish correction on the short term basis.

 

The expected trading range for today is between 0.6320 support and 0.6440

 

The expected trend for today: Bearish

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