Forex
Midday update for the NZDUSD 04-05-2021
2021-05-04 08:36:40 GMT
(Economies.com)
The NZDUSD pair shows clear negative trades now to test 0.7150 level, noticing that the price forms bearish pattern that its signs appear on the chart, which support the expectations of continuing the bearish trend on the intraday basis, which its targets begin at 0.7100.
Therefore, the bearish trend will remain suggested for the upcoming period conditioned by the price stability below 0.7210.
The expected trading range for today is between 0.7130 support and 0.7230 resistance
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2084
|
-0.0089
|
0.7307%
|
|
|
|
|
1.4039
|
-0.0097
|
0.6834%
|
|
|
|
Tadawul
|
10322.68
|
86.96
|
0.85%
|
|
|
|
|
26.939
|
-0.866
|
3.115%
|
|
|
|
|
64.711
|
-0.681
|
1.041%
|
|
|
|
|
67.55
|
-1.77
|
2.55%
|
|
|
|
|
1816.295
|
-27.930
|
1.514%
|
|
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