The NZDUSD surpasses the first target – Analysis - 20-09-2021

Economies.com
2021-09-20 08:10AM UTC

The NZDUSD pair managed to achieve our first waited target at 0.7030 and surpasses it now to confirm extending the correctional bearish wave, noting that the next negative targets reach 0.6990 followed by 0.6945.

 

Therefore, we expect to witness more decline in the upcoming sessions unless the price rallied to breach 0.7084 and hold above it.

 

The expected trading range for today is between 0.6960 support and 0.7070 resistance

 

The expected trend for today: Bearish

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