The NZDUSD succeeds to break – Analysis - 10-01-2020

Economies.com
2020-01-10 05:42AM UTC

The NZDUSD pair managed to break 0.6625 level and closed the daily candlestick below it, confirming the extension of the correctional bearish wave, on its way to visit 0.6544 level as a next main target.

 

Therefore, we will continue to suggest the bearish trend in the upcoming sessions, noting that breaching 0.6625 will lead the price to regain the main bullish trend and stop the current correctional bearish wave.

 

The expected trading range for today is between 0.6550 support and 0.6660

 

The expected trend for today: Bearish

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