The NZD/USD resumes the decline – Analysis – 20/01/2022

news_22_feb_nzd_usd_2The NZDUSD pair bounced bearishly after approaching 0.6820 level, to keep the bearish trend scenario valid on the intraday basis, which targets 0.6700 mainly, noting that breaching 0.6820 will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 0.6710 support and 0.6800 resistance

The expected trend for today: Bearish

Origin: Economies

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