Midday update for the NZDUSD 24-09-2020

Economies.com
2020-09-24 09:50AM UTC

The NZDUSD pair continues the negative move to approach from 0.6500 barrier, to keep the bearish trend scenario valid and active for the rest of the day, reminding you that our main waited target is located at 0.6477, pointing that the completed negative pattern supports the chances for surpassing this level and opening the way towards extending the bearish wave to reach 0.6284 as a next station, while the expected decline will remain valid unless breaching 0.6600 level and holding above it.

 

The expected trading range for today is between 0.6460 support and 0.6600

 

The expected trend for today: Bearish

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