The NZD/USD returns to test the support – Analysis – 13/08/2021

news_22_feb_nzd_usd_1The NZDUSD pair faces negative pressure to test the key support 0.7000 again, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend valid for the upcoming period, which its first main target located at 0.7120.

The expected trading range for today is between 0.6970 support and 0.7070 resistance

The expected trend for today: Bullish

Origin: Economies

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