The NZD/USD keeps its negative stability – Analysis – 26/01/2022

nzd_1_newsThe NZDUSD pair keeps its stability below 0.7600 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50 that continues to push the price to the downside, waiting to visit 0.6630 as a next station, noting that breaching 0.6700 will stop the expected decline and lead the price to start new correctional bullish wave.

The expected trading range for today is between 0.6620 support and 0.6710 resistance

The expected trend for today: Bearish

Origin: Economies

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