The NZDUSD awaits the break – Analysis - 15-06-2021
Economies.com
2021-06-15 03:57AM UTC
The NZDUSD pair settles nera 0.7125 level, waiting to break this level to confirm extending the correctional bearish wave, as our next target is located at 0.7080.
The EMA50 continues to press negatively on the price to support the continuation of the expected bearish trend scenario for the upcoming period, which will remain valid unless the price rallied to breach 0.7165 followed by 0.7220 levels and holding above them.
The expected trading range for today is between 0.7080 support and 0.7180 resistance
The expected trend for today: Bearish
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