The NZDUSD presses on the support – Analysis - 01-07-2022
Economies.com
2022-07-01 03:52AM UTC
The NZDUSD pair shows new negative trades to attempt to break 0.6210 level now, reinforcing the expectations of continuing the bearish trend, supported by stochastic and the EMA50 negativity that appears clearly on the chart, reminding you that our next target is located at 0.6150.
Holding below 0.6290 is important to continue the expected decline, as breaching it will push the price to achieve temporary gains and test 0.6405 areas before any new attempt to decline.
The expected trading range for today is between 0.6160 support and 0.6260 resistance
The expected trend for today: Bearish
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