The NZDUSD breaks the support – Analysis - 24-09-2020
Economies.com
2020-09-24 03:27AM UTC
The NZDUSD pair succeeded to confirm breaking 0.6600 level to open the way to head towards our waited negative target at 0.6477, reinforcing the chances of achieving more decline in the upcoming sessions, being aware that we need to monitor the price behavior when reaching the mentioned level, as breaking it will extend the correctional bearish wave to reach 0.6284 on the near term basis.
In general, the expected decline will remain valid unless the price rallied to breach 0.6600 and hold above it.
The expected trading range for today is between 0.6460 support and 0.6600
The expected trend for today: Bearish
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