The NZDUSD hits the target – Analysis - 12-07-2022
Economies.com
2022-07-12 04:25AM UTC
The NZDUSD pair succeeded to achieve our waited negative target at 0.6100 and settles around it, expecting the continuation of the negative pressure to surpass this level and open the way to achieve additional negative targets that reach 0.6010.
We need to consider that the consolidation of 0.6100 level against the current negative pressure will lead the price to rebound bullishly and visit 0.6210 areas before any new attempt to decline.
The expected trading range for today is between 0.6050 support and 0.6150 resistance
The expected trend for today: Bearish
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