The NZDUSD begins negatively – Analysis - 16-04-2019

Economies.com
2019-04-16 03:39AM UTC

The NZDUSD pair opens today’s trading with bearish bias to resume the expected bearish track on the intraday basis, waiting for more decline to test 0.6654 as a next station.

 

Therefore, the bearish trend scenario will remain active for today unless the price rallied to breach 0.6795 level and hold with a daily close above it.

 

The expected trading range for today is betwenen 0.6670 support and 0.6800

 

The expected trend for today: Bearish

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