The NZDUSD breaks the support – Analysis - 17-09-2021

Economies.com
2021-09-17 04:37AM UTC

The NZDUSD pair managed to break 0.7084 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently for the upcoming period, and the way is open to achieve our correctional targets that start at 0.7030 and extend to 0.6990.

 

Holding below 0.7084 is important to continue the suggested decline, as breaching it will lead the price to start recovery attempts and regain the main bullish trend again.

 

The expected trading range for today is between 0.7020 support and 0.7100 resistance

 

The expected trend for today: Bearish

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