The NZDUSD presses on the support – Analysis - 20-07-2021

Economies.com
2021-07-20 03:15AM UTC

The NZDUSD pair attempts to break 0.6945 and faces solid support there, waiting to get negative motive that assist to confirm the break and rally towards 0.6900 that represents our next main target.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7040 and holding above it.

 

The expected trading range for today is between 0.6880 support and 0.7000 resistance

 

The expected trend for today: Bearish

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