NZDUSD keeps declining – Analysis - 13-08-2018

Economies.com
2018-08-13 04:16AM UTC

The NZDUSD pair shows more bearish bias in attempt to surpass 0.6575 level, to keep the bearish trend dominant on the intraday and short term basis, and the way is open to visit 0.6500 that represents our next main target.

 

The EMA50 keeps supporting the suggested bearish wave, which its continuation conditions holding below 0.6710.

 

Expected trading range for today is betwenen 0.6500 support and 0.6640

 

Expected trend for today: Bearish

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