The NZDUSD keeps its negative stability – Analysis - 13-06-2019

Economies.com
2019-06-13 04:43AM UTC

The NZDUSD pair continues to fluctuate at 0.6585 level and still below it until now, which keeps the bearish trend scenario valid on the intraday and short term basis, which targets 0.6481 level mainly.

 

Note that breaching 0.6585 and holding above it will stop the expected decline and push the price to return to the correctional bullish track again.

 

The expected trading range for today is betwenen 0.6500 support and 0.6600

 

The expected trend for today: Bearish

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