The NZDUSD surpasses the target – Analysis - 23-11-2021
Economies.com
2021-11-23 05:24AM UTC
The NZDUSD pair succeeded to achieve our waited target at 0.6955 and broke it to open the way to continue the decline on the intraday and short term basis, opening the way to visit 0.6875 as a next main target.
Therefore, the bearish trend will remain dominant, supported by the negative pressure formed by the EMA50, noting that the continuation of the bearish wave depends on the price stability below 0.6955 and 0.7005 levels.
The expected trading range for today is between 0.6875 support and 0.6965 resistance
The expected trend for today: Bearish
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