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Midday update for the NZDUSD 30-05-2023
The NZDUSD pair finds solid support at 0.6020 level, to show some slight bullish bias, waiting to get negative motive that assists to push the price to break this level and confirm extending the bearish wave towards 0.5900.
In general, the bearish trend will remain valid for today unless the price rallied to breach 0.6140 and hold above it.
The expected trading range for today is between 0.5980 support and 0.6080 resistance
The expected trend for today: Bearish
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Midday update for the AUDUSD 30-05-2023
The AUDUSD pair returns to test 0.6550 level, and as long as the price is below this level, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that we are waiting to visit 0.6460 followed by 0.6400 levels as next main targets.
MoreMidday update for Brent oil 30-05-2023
Brent oil price trades with strong negativity to start pressing on the key support 75.80, to stop the morning suggested positive scenario and head towards potential decline, and we prefer to stay aside until we get clearer signal for the next trend, through breaking 75.80 support or breaching 76.80 resistance.
MoreMidday update for Crude oil 30-05-2023
Crude oil price is facing strong negative pressure to attack 71.55 level and attempts to confirm breaking it, which hints heading to decline in the upcoming sessions, paving the way to achieve negative targets that reach 68.75.
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