Midday update for NZDUSD 16-10-2018
Economies.com
2018-10-16 09:41AM UTC
The NZDUSD pair settles around 0.6575 level since morning, and as long as the price is above 0.6500, our intraday bullish trend expectations will remain valid, waiting to test 0.6640 level, reminding you that the chances will be valid to rebound bearishly and resume the main bearish trend after visiting the mentioned level.
On the other hand, breaking 0.6500 will stop the expected rise and push the price to decline again.
Expected trading range for today is betwenen 0.6500 support and 0.6640
Expected trend for today: Bullish
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