The NZD/USD negotiates the resistance – Analysis – 13/12/2021

nzd_3_newsThe NZDUSD pair hovers around the bearish channel’s resistance, and we still neutral until the price confirms its situation according to this resistance, as breaching it and holding above it will push the price to visit 0.6850 as a next positive target, while trading below it will press on the price to continue moving inside the main bearish channel and head to test 0.6735 initially.

The expected trading range for today is between 0.6750 support and 0.6850 resistance

The expected trend for today: Neutral

Origin: Economies

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