The NZDUSD is stable – Analysis - 21-05-2019
Economies.com
2019-05-21 00:47AM UTC
The NZDUSD pair keeps its stability below the bearish channel’s resistance, noticing that stochastic begins to overlap negatively to support the chances of resuming the expected bearish trend for the upcoming period, which its next target located at 0.6425.
We should note that breaching 0.6580 will stop the suggested decline and push the price to test 0.6654 areas before any new attempt to decline.
The expected trading range for today is betwenen 0.6460 support and 0.6560
The expected trend for today: Bearish
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