The NZDUSD crawls downwards – Analysis - 23-04-2019
Economies.com
2019-04-23 04:13AM UTC
The NZDUSD pair shows calm negative trades to keep crawling towards our main waited target at 0.6654, noticing that the price moves inside the bearish channel that appears on the chart, which supports the chances of surpassing the mentioned level and open the way to extend the bearish wave to reach 0.6585 as a next main station.
Note that holding below 0.6715 represents initial condition to continue the expected decline, as breaching it will push the price to test 0.6795 before any new attempt to decline.
The expected trading range for today is betwenen 0.6600 support and 0.6720
The expected trend for today: Bearish
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