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The NZDUSD is under the negative pressure – Analysis - 22-10-2021
The NZDUSD pair settles below 0.7170 evel, which pushes the price to achieve more expected decline on the intraday basis, as a bearish correction for the rise measured from 0.6909 to 0.7217.
Therefore, we expect to witness more decline in the upcoming sessions unless the price managed to breach 0.7170 and hold above it again.
The expected trading range for today is between 0.7100 support and 0.7200 resistance
The expected trend for today: Bearish
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