The NZDUSD resumes the decline – Analysis - 08-11-2019

2019-11-08 05:39:27 GMT (Economies.com)
 

The NZDUSD pair bounced bearishly after the rise that it witnessed yesterday, to keep the bearish trend active on the intraday basis, waiting to break 0.6340 level to confirm the continuation of the bearish wave towards our negative targets that begin at 0.6285 and extend to 0.6205.

 

In general, we will continue to suggest the bearish trend unless the price rallied to breach 0.6426 level and hold with a daily close above it.

 

The expected trading range for today is between 0.6285 support and 0.6400

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1061
-0.0001
0.0077%
1.3148
0.0011
0.0807%
Tadawul
8120.01
21.27
0.26%
16.593
0.021
0.125%
59.115
0.005
0.009%
64.38
-0.03
0.05%
1460.510
0.665
0.046%
 
 
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