The NZDUSD reaches the target – Analysis - 20-03-2023
Economies.com
2023-03-20 04:35AM UTC
The NZDUSD pair traded with clear positivity in the previous sessions to reach few pips away from our waited target at 0.6290, noticing that the price begins today with bearish bias that hints heading to build potential bearish wave, motivated by stochastic negativity that appears clearly now.
Therefore, the bearish bias will be suggested for today, and the main expected target is located at 0.6140, noting that breaching 0.6290 will stop the expected decline and lead the price to achieve new gains that reach 0.6385.
The expected trading range for today is between 0.6180 support and 0.6290 resistance
The expected trend for today: Bearish
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