The NZDUSD breaks the support – Analysis - 08-08-2022
Economies.com
2022-08-08 03:51AM UTC
The NZDUSD pair broke 0.6257 level strongly and settled below it, to fall under expected negative pressure in the upcoming sessions, targeting visiting 0.6182 level mainly.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.6257 and holding above it again will reactivate the positive scenario that its next target located at 0.6318.
The expected trading range for today is between 0.6180 support and 0.6280 resistance
The expected trend for today: Bearish
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