Midday update for the NZDUSD 25-09-2020

Economies.com
2020-09-25 09:17AM UTC

The NZDUSD pair approaches from retesting 0.6600 level and bounced lower from there, which keeps the bearish trend scenario active and valid for today, supported by stochastic negativity that appears clearly on the four hours time frame, waiting for resuming the bearish bias that its next main target at 0.6477.

 

The expected trading range for today is between 0.6480 support and 0.6600

 

The expected trend for today: Bearish

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