The NZDUSD tests the key support – Analysis - 23-09-2020
Economies.com
2020-09-23 03:37AM UTC
The NZDUSD pair traded with clear negativity yesterday to start testing the key support 0.6600, and as we mentioned in our last report, the price needs to break this level to reinforce the expectations of continuing the bearish trend, which its next main target located at 0.6477.
Therefore, the bearish trend scenario will remain valid and active in the upcoming sessions, noting that the continuation of the expected decline requires holding below 0.6675.
The expected trading range for today is between 0.6550 support and 0.6675
The expected trend for today: Bearish
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