The NZD/USD keeps declining – Analysis – 29/04/2022

news_22_feb_nzd_usd_1The NZDUSD pair provided additional negative trades to move away from 0.6530 level, which supports the expectations of the bearish trend domination, which targets 0.6400 level as a next main station.

The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6530.

The expected trading range for today is between 0.6440 support and 0.6530 resistance

The expected trend for today: Bearish

Origin: Economies

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