The NZDUSD is stable – Analysis - 11-10-2021
Economies.com
2021-10-11 04:11AM UTC
The NZDUSD pair settles below 0.6945 level, to keep the negative pressure valid and suggested fo the upcoming period, waiting to test 0.6890 level as a first negative station, reminding you that breaking this level will push the price to 0.6805 as a next target.
Therefore, the bearish trend scenario will remain valid and active unless breaching 0.6990 and holding above it.
The expected trading range for today is between 0.6870 support and 0.6960 resistance
The expected trend for today: Bearish
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