NZDUSD tests the resistance – Analysis - 10-01-2019

Economies.com
2019-01-10 04:59AM UTC

The NZDUSD pair tested the key resistance 0.6795 and bounced bearishly from there, to keep the bearish trend scenario active until now, which depends on the price stability below this level, as breaching it will push the price to achieve positive targets that reach 0.6910, while the next main target of the suggested bearish wave is located at 0.6654.

 

Expected trading range for today is betwenen 0.6700 support and 0.6820

 

Expected trend for today: Bearish

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