The NZD/USD faces solid support – Analysis – 27/09/2021

com-l7The NZDUSD pair found solid support at 0.6990, to show some bullish bias and test the initial resistance 0.7030, waiting to resume the negative trades to break the mentioned support and confirm the continuation of the correctional bearish wave, which its next target located at 0.6945.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.7084.

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

The expected trend for today: Bearish

Origin: Economies

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