The NZD/USD keeps its negative stability – Analysis – 18/02/2022

news_22_feb_nzd_usd_1The NZDUSD pair continues to fluctuate around 0.6710 level, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the negative trades to head towards 0.6665 followed by 0.615 that represent our next main targets.

We remind you that the continuation of the expected bearish wave depends on the price stability below 0.6710.

The expected trading range for today is between 0.6650 support and 0.6740 resistance

The expected trend for today: Overall bearish

Origin: Economies

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