The NZDUSD awaits more negative targets – Analysis - 29-11-2021

Economies.com
2021-11-29 05:27AM UTC

The NZDUSD pair shows slight bullish bias after reaching the thresholds of the waited target at 0.6800, as long as the price is located below 0.6875 so the bearish trend scenario will remain the dominant in the upcoming sessions, supported by losing the positive momentum of stochastic clearly, reminding you that our next negative target extend to 0.6700.

 

The expected trading range for today is between 0.6780 support and 0.6875 resistance

 

The expected trend for today: Bearish

 

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