Midday update for the NZDUSD 12-12-2019

Economies.com
2019-12-12 10:43AM UTC

The NZDUSD pair shows some slight bearish bias to approach testing 0.6565, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for today, which its next target located at 0.6650, while breaking 0.6565 represents negative factor that will press on the price to test 0.6495 initially before any new attempt to rise.

 

The expected trading range for today is between 0.6540 support and 0.6640

 

The expected trend for today: Bullish

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