Midday update for the NZDUSD 08-07-2022

Economies.com
2022-07-08 09:12AM UTC

The NZDUSD pair resumes its negative trades to reinforce the expectations of continuing the main bearish trend, and we believe that the way is open to achieve our next target at 0.6100, supported by the negative pressure formed by the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 0.6240.

 

The expected trading range for today is between 0.6120 support and 0.6230 resistance

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The expected trend for today: Bearish

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