NZD Fluctuating in a slim range versus USD
11/1/2017 9:47:04 AM
The NZDUSD pair was seen fluctuating in a slim trading range around the 0.6905 handle.
A follow over buying interest has the possible to keep on arising the pair towards 0.6955-65 intermediate persistence on the way the key 0.7010 psychological mark. On the weakness, any retracement back below the 0.6905 handle now appears to find support at 0.6873 horizontal level, which if broken would drive the pair to head back towards retesting 0.6833 intermediate support before finally dropping to the 0.6815 handle.
FOREX market analysis by FxErvin.