Midday update for the NZDUSD 26-01-2021
Economies.com
2021-01-26 10:54AM UTC
The NZDUSD pair trades positively after testing the EMA50, to approach the key resistance 0.7215, and as we mentioned this morning, holding below this level represents major condition to continue the suggested negative scenario for today, reminding you that breaking 0.7165 followed by 0.7150 levels is required to confirm rallying towards the negative targets that start at 0.7100 followed by 0.7050.
The expected trading range for today is between 0.7100 support and 0.7215
The expected trend for today: Bearish
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