The NZDUSD achieves some gains – Analysis - 06-04-2021
Economies.com
2021-04-06 04:24AM UTC
The NZDUSD pair trades positively to approach retesting the broken neckline of the negative pattern that appears on the chart at 0.7095, noticing that the pirce begins to provide negative trades now, affected by stochastic negativity, waiting to assist to break 0.7000 to reinforce the chances of continuing the correctional negative scenario, which its next target located at 0.6895.
Therefore, we will keep our bearish overview unless we witnessed clear breach to 0.7095 level and holding above it.
The expected trading range for today is between 0.6980 support and 0.7095 resistance
The expected trend for today: Overall bearish
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