The NZD/USD keeps its negative stability – Analysis – 21/04/2022

news_22_feb_nzd_usd_2The NZDUSD pair attempted to breach 0.6790 but it kept its consolidation below it, to keep the bearish trend scenario active for the upcoming period, which targets 0.6690 mainly.

The EMA50 and stochastic support the expected decline, which will remain valid conditioned by the price stability below 0.6790.

The expected trading range for today is between 0.6720 support and 0.6840 resistance

The expected trend for today: Bearish

Origin: Economies

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