Midday update for the NZDUSD 15-08-2022
Economies.com
2022-08-15 08:53AM UTC
The NZDUSD pair shows clear bearish bias to reach 0.6380 level, which urges caution from the upcoming trading, as the price needs to consolidate above this level to keep the bullish trend active for today, which its next target located at 0.6520, noting that breaking 0.6380 will cause more decline and push the price to 0.6320 areas initially.
The expected trading range for today is between 0.6380 support and 0.6500 resistance
The expected trend for today: Bullish
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