The NZD/USD gets a negative close – Analysis – 18/04/2022

nzd_3_newsThe NZDUSD pair closed the previous daily candlesticks below 0.6790, which supports the continuation of the expected bearish trend on the intraday basis, which targets 0.6690 as a next station.

The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6875.

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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