Midday update for the NZDUSD 24-03-2021

Economies.com
2021-03-24 10:21AM UTC

The NZDUSD pair fluctuates around 0.7000, waiting to resume the expected bearish trend for today, supported by the EMA50, waiting to head towards 0.6895 as a next negative target, noting that breaching 0.7000 will stop the negative scenario and push the price to start recovery attempts on the intraday and short term basis.

 

The expected trading range for today is between 0.6910 support and 0.7040 resistance

 

The expected trend for today: Bearish

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