Midday update for the NZDUSD 16-08-2022

Economies.com
2022-08-16 10:03AM UTC

The NZDUSD pair touched the first negative target at 0.6320 and presses negatively on it, to support the chances of extending the bearish wave to head to target 0.6260 as a next main station, to continue suggesting the bearish trend for the rest of the day as long as 0.6380 remains intact.

 

The expected trading range for today is between 0.6300 support and 0.6410 resistance

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The expected trend for today: Bearish

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