Forex
The NZDUSD awaits the bearish rebound – Analysis - 19-11-2019
2019-11-19 05:42:08 GMT
(Economies.com)
The NZDUSD pair shows sideways trading recently, waiting for a bearish rebound to resume the expected bearish trend in the upcoming period, depending on the stability below 0.6426 level, reminding you that our initial target at 0.6340.
Note that breaking the mentioned level will open the way towrdas extending the bearish wave to reach 0.6205 levels on the near term basis, while breahing 0.6426 will lead the price to resume the bullish correctional wave.
The expected trading range for today is between 0.6340 support and 0.6440
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1241
|
-0.0036
|
0.3157%
|
|
|
|
|
1.2464
|
0.0156
|
1.2691%
|
|
|
|
Tadawul
|
7312.24
|
58.91
|
0.81%
|
|
|
|
|
18.035
|
0.257
|
1.443%
|
|
|
|
|
40.005
|
1.230
|
3.172%
|
|
|
|
|
42.50
|
-0.64
|
1.48%
|
|
|
|
|
1775.525
|
3.910
|
0.221%
|
|
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