The NZD/USD is stable – Analysis – 13/10/2021

nzd_1_newsThe NZDUSD pair hovers around the EMA50, settling below 0.6945 level, thus, no change to our bearish overview that targets 0.6890 followed by 0.6805 levels, noting that breaching 0.6990 will stop the negative scenario and lead the price to turn to rise.

The expected trading range for today is between 0.6870 support and 0.6970 resistance

The expected trend for today: Bearish

Origin: Economies

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