Midday update for the NZDUSD 30-06-2020

Economies.com
2020-06-30 09:31AM UTC

The NZDUSD pair resumes its negative trading to move away from 0.6424, which supports the continuation of the correctional bearish trend scenario, which its next target located at 0.6328, supported by the negative pressure formed by the EMA50, noting that holding below 0.6450 is important to continue the suggested decline.

 

The expected trading range for today is between 0.6350 support and 0.6480

 

The expected trend for today: Bearish

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