The NZDUSD loses momentum – Analysis - 25-09-2020
Economies.com
2020-09-25 04:04AM UTC
The NZDUSD pair shows some slight bullish bias now to approach retesting 0.6600 level that was broken previously, accompanied by stochastic loss to the positive momentum, while the EMA50 continues to press negatively on the price.
Therefore, our bearish overview will remain valid for the upcoming period, which targets 0.6477 level mainly, reminding you that it is important to hold below 0.6600 to continue the expected decline.
The expected trading range for today is between 0.6480 support and 0.6600
The expected trend for today: Bearish
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