The NZDUSD stops the bearish correction – Analysis - 13-01-2020
Economies.com
2020-01-13 05:45AM UTC
The NZDUSD pair could not manage to hold for long time below 0.6625, to trades with clear positivity and breaches the falling wedge pattern’s resistance that its signs appear on the chart, which provides positive motive that supports the chances of regaining the main bullish trend.
Therefore, the bullish bias will be suggested for the upcoming period, and the next main target reaches 0.6755, taking into consideration that breaking 0.6625 will put the price under the correctional bearish pressure again.
The expected trading range for today is between 0.6600 support and 0.6700
The expected trend for today: Bullish
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