The NZDUSD keeps declining – Analysis - 28-01-2022
Economies.com
2022-01-28 05:19AM UTC
The NZDUSD pair managed to surpass 0.6630 to decline clearly and confirm the extension the bearish wave, and the way is open to visit 0.6535 that represents our next target.
Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the negative pressure formed by the EMA50, noting that holding below 0.6700 is important to continue the suggested negative scenario.
The expected trading range for today is between 0.6510 support and 0.6620 resistance
The expected trend for today: Bearish
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