The NZDUSD approaches the target – Analysis - 20-09-2019

Economies.com
2019-09-20 05:05AM UTC

The NZDUSD pair shows more of the bearish bias moves, to approach from our waited target at 0.6270, and still moving within the bearish channel that appears in the image, and we expected to push the price to break the mentioned level and opening the way towards the bearish wave extension on the short term basis.

 

Therefore, the bearish trend will remain preferred in the upcoming sessions unless breaching 0.6320 level and holding above it.

 

The expected trading range for today is between 0.6250 support and 0.6330

 

The expected trend for today: Bearish

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