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The NZDUSD attacks the support – Analysis - 18-12-2019
The NZDUSD pair opens today’s trading with more of the negative pressure, to break 0.6565 level and attempts to settle below it, which requires being aware from the upcoming trading, where holding below this level will stop the suggested positive scenario in our last reports and pushes the price to begin attempts to return to the main bearish track.
on the other hand, stochastic provides positive signals that might assist to push the price to rise again, therefore, we prefer staying aside until the price confirms its attitude according to 0.6565 level.
The expected trading range for today is between 0.6500 support and 0.6620
The expected trend for today: Neutral
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