The NZDUSD loses momentum – Analysis - 18-11-2019

2019-11-18 05:51:31 GMT (Economies.com)
 

The NZDUSD pair provided slight positive trades but it’s still below 0.6426 level, noticing that stochastic begins to provide negative signals now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin by testing 0.6340 level.

 

Therefore, we will keep our bearish overview unless the price rallied to breach 0.6426 and hold above it.

 

The expected trading range for today is between 0.6340 support and 0.6440

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1083
0.0021
0.1926%
1.3116
-0.0021
0.1629%
Tadawul
8125.68
59.26
0.73%
16.650
0.078
0.470%
58.875
-0.235
0.398%
63.89
-0.45
0.70%
1465.120
5.275
0.361%
 
 
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