The NZDUSD stops the bearish correction – Analysis - 10-09-2021

Economies.com
2021-09-10 04:37AM UTC

The NZDUSD pair found solid support at 0.7084, to rebound bullishly and head towards resuming the main bullish trend, on its way to visit 0.7170 as a first main target.

 

Therefore, the bullish bias will be expected for today, supported by the EMA50, noting that breaking 0.7084 will stop the suggested positive scenario and press on the price to return to the correctional bearish track again.

 

The expected trading range for today is between 0.7070 support and 0.7190 resistance

 

The expected trend for today: Bullish

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