The NZDUSD continues to decline – Analysis - 22-01-2020
Economies.com
2020-01-22 05:48AM UTC
The NZDUSD pair provides slight negative trades to move away from 0.6625, which supports the continuation of our bearish overview, and the way is open to visit 0.6545 that represents 38.2% Fibonacci correction level for the bullish wave that appears on the chart.
Therefore, we will keep the negative scenario for the upcoming period unless breaching 0.6625 level and holding above it.
The expected trading range for today is between 0.6540 support and 0.6625
The expected trend for today: Bearish
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