The NZDUSD keeps declining – Analysis - 26-11-2021

2021-11-26 05:12:57 GMT (Economies.com)
 

The NZDUSD pair keeps declining to approach the extended target at 0.6800, breaking the bearish channel’s support line to hint opening the way to achieve more decline on the short term and medium term basis, to extend the next target at 0.6700.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that it is important to hold below 0.6875 to continue the expected decline.

 

The expected trading range for today is between 0.6760 support and 0.6870 resistance

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
Live Forex Updates