The NZDUSD resumes the decline – Analysis - 14-06-2019
Economies.com
2019-06-14 04:46AM UTC
The NZDUSD pair opens today’s trading with clear negativity to move away from 0.6585, which supports the continuation of the expected bearish trend on the intraday and short term basis, which its next target located at 0.6481, noting that breaking this level will extend the bearish wave to reach 0.6400 as a next station.
Holding below 0.6585 is important to continue the expected decline, as breaching it will push the price to return to the correctional bullish track again.
The expected trading range for today is betwenen 0.6480 support and 0.6585
The expected trend for today: Bearish
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