Midday update for the NZDUSD 21-09-2021

Economies.com
2021-09-21 09:26AM UTC

The NZDUSD pair trades positively now to attack 0.7030 level, and it might head to retest 0.7084 level before turning back to decline again.

 

In general, the bearish trend scenario valid for today as long as the last level remains intact, supported by the negative pressure formed by the EMA50, noting that our targets begin at 0.6990 and extend to 0.6945.

 

The expected trading range for today is between 0.6960 support and 0.7070 resistance

 

The expected trend for today: Bearish

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