The NZD/USD approaches the target – Analysis – 29/06/2022

nzd_1_newsThe NZDUSD pair traded with clear negativity in the previous sessions to approach our main waited target at 0.6210, and we expect the continuation of the bearish bias to surpass this level and open the way to head towards 0.6150 as a next negative target.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.6300 and hold above it.

The expected trading range for today is between 0.6200 support and 0.6290 resistance

The expected trend for today: Bearish

Origin: Economies

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