The NZD/USD begins positively – Analysis – 19/01/2022

nzd_1_newsThe NZDUSD pair shows some bullish bias by today’s open to test the EMA50 that forms intraday resistance against the price, and as long as the price is below 0.6820, our bearish overview will remain valid and active for the upcoming period, waiting to get negative motive that assist to push the price to resume the bearish wave that its next main target located at 0.6700.

The expected trading range for today is between 0.6730 support and 0.6820 resistance

The expected trend for today: Bearish

Origin: Economies

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