Midday update for the NZDUSD 17-05-2021
Economies.com
2021-05-17 12:49PM UTC
The NZDUSD pair trades with clear negativity to move away from the intraday bullish channel’s support line, to support the chances of reactivate the bearish trend scenario that targets 0.7110 as a next station, making the bearish bias expected for the upcoming sessions unless breaching 0.7220 and holding above it.
The expected trading range for today is between 0.7160 support and 0.7280 resistance
The expected trend for today: Neutral
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