The NZD/USD crawls towards the target – Analysis – 23/06/2022

news_22_feb_nzd_usd_2The NZDUSD pair fluctuates with slight negativity to gradually approach our waited target at 0.6210, falling under continuous negative pressure formed by the EMA50, to support the chances of breaking the mentioned level and extend the bearish wave towards 0.6150 followed by 0.6100 levels.

Therefore, we will continue to suggest the bearish trend conditioned by the price stability below 0.6345.

The expected trading range for today is between 0.6210 support and 0.6300 resistance

The expected trend for today: Bearish

Origin: Economies

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