The NZD/USD resumes the decline – Analysis – 27/04/2022

nzd_1_newsThe NZDUSD pair broke 0.6660 level clearly and settled below it, which supports the continuation of the expected bearish trend scenario efficiently in the upcoming period, and the way is open to head towards our next target at 0.6530.

The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6690.

The expected trading range for today is between 0.6500 support and 0.6610 resistance

The expected trend for today: Bearish

Origin: Economies

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