The NZDUSD declines calmly – Analysis - 01-04-2021
Economies.com
2021-04-01 04:27AM UTC
The NZDUSD pair shows clam negative trades to crawl away from 0.7000 level, getting negative support by the EMA50 and stochastic, waiting for more decline in the upcoming sessions, which targets 0.6895 level as a next station.
Holding below 0.7000 is important to continue the suggested decline, as breaching it will push the price to achieve gains that start by testing 0.7095 areas before detecting the next destination clearly.
The expected trading range for today is between 0.6900 support and 0.7000 resistance
The expected trend for today: Bearish
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