The NZDUSD still negative – Analysis - 01-02-2023
Economies.com
2023-02-01 05:02AM UTC
The NZDUSD pair settles below the EMA50 that forms negative pressure against the price, to keep the bearish trend active, waiting to head towards 0.6365 as a first target.
Stochastic provides negative signals that support the expected decline, reminding you that the continuation of the bearish wave depends on the price stability below 0.6510.
The expected trading range for today is between 0.6370 support and 0.6480 resistance
The expected trend for today: Bearish
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