The NZDUSD breaks the support – Analysis - 28-11-2022

Economies.com
2022-11-28 04:42AM UTC

The NZDUSD pair faced negative pressure to break 0.6240 and settles below it, which pushes the price to achieve more expected decline in the upcoming sessions, targeting visiting 0.6100 areas mainly.

 

Therefore, the bearish bias will be suggested for today, noting that breaching 0.6240 and holding above it again will reactivate the positive scenario that its first target located at 0.6315.

 

The expected trading range for today is between 0.6150 support and 0.6260 resistance

The expected trend for today: Bearish

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