The NZDUSD attempts to recover – Analysis - 20-06-2022

Economies.com
2022-06-20 04:24AM UTC

The NZDUSD pair’s decline stop at 0.6290 level, to start bouncing bullishly and head to return to the correctional bullish track, on its way to test 0.6405 level initially, noting that breaching this level will push the price to 0.6525 areas as next main station.

 

Therefore, the bullish bias will be suggested for the upcoming period unless breaking 0.6290 and holding below it.

 

The expected trading range for today is between 0.6290 support and 0.6380 resistance

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The expected trend for today: Bullish

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