The EURNZD is surrounded by strong negative factors – Analysis – 22-4-2021
Economies.com
2021-04-22 05:29AM UTC
The EURNZD pair kept its negative stability within the bearish channel, affected by the negative factors represented by the moving average 55 forming additional barrier at 1.6900, in addition to stochastic negative momentum signals.
Therefore, will keep our bearish overview to expect crawling towards 1.6530 soon, followed by reaching 1.6325 support line, to form the first main target of the bearish track.
The expected trading range for today is between 1.6810 and 1.6600
The expected trend for today: Bearish
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