Midday update for the NZDUSD 27-10-2021
Economies.com
2021-10-27 09:11AM UTC
The NZDUSD pair trades with clear negativity now to break 0.7145 and attempts to hold below it, which urges caution from the upcoming trading, as confirming the break will force the price to achieve additional decline that its targets begin by testing 0.7100, while the price needs to consolidate above 0.7145 to resume the bullish trend that its first target located at 0.7217.
The expected trading range for today is between 0.7120 support and 0.7220 resistance
The expected trend for today: Bullish
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