Midday update for the NZDUSD 27-01-2020

Economies.com
2020-01-27 11:15AM UTC

The NZDUSD pair shows more bearish bias to approach our waited target at 0.6545, to keep the bearish trend scenario active for the rest of the day, reminding you that breaking the mentioned level will extend the bearish wave to reach 0.6580 as a next station, while the expected decline will remain valid unless breaching 0.6625 level and holding with a daily close above it.

 

The expected trading range for today is between 0.6520 support and 0.6600

 

The expected trend for today: Bearish

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