The NZDUSD surpasses the target – Analysis - 24-04-2019
Economies.com
2019-04-24 04:28AM UTC
The NZDUSD pair succeeded to confirm surpassing 0.6654 level and rallies bearishly to approach our next waited target at 0.6585, expecting to continue the decline in the upcoming sessions supported by the negative pressure formed by the EMA50, to extend the next target towards 0.6515.
Holding below 0.6654 is important to continue the expected bearish trend, as breaching it will push the price to start recovery attempts that target 0.6705 and might extend to 0.6795 areas on the near term basis.
The expected trading range for today is betwenen 0.6530 support and 0.6660
The expected trend for today: Bearish
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