Midday update for the NZDUSD 21-10-2021

Economies.com
2021-10-21 09:57AM UTC

The NZDUSD pair trades with clear negativity to retest 0.7170 level, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for today, as breaking it will press on the price to start correctional bearish wave on the intraday basis, while the waited targets begin at 0.7250 and extend to 0.7315.

 

The expected trading range for today is between 0.7170 support and 0.7270 resistance

 

The expected trend for today: Bullish

 

 

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