The NZD/USD presses on the support – Analysis – 14/04/2022

news_22_feb_nzd_usd_2The NZDUSD pair attempted to break 0.6790 level but it finds solid support tehre, to shows some temporary bullish bias now, affected by stochastic negativity, waiting to resume the negative trades and head towards our next target that reaches 0.6690.

On the other hand, we should note that breaching 0.6875 will stop the suggested negative scenario and lead the price to turn to rise.

The expected trading range for today is between 0.6740 support and 0.6840 resistance

The expected trend for today: Bearish

Origin: Economies

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