The NZDUSD faces solid support – Analysis - 23-08-2019

Economies.com
2019-08-23 03:09AM UTC

The NZDUSD pair attempted to break 0.6377 level but it returns to trade above it, waiting to get strong negative motive that assists to push the price to confirm the break followed by opening the way to head towards 0.6300 as a next main station.

 

Until now, we will continue to suggest the bearish trend in the upcoming sessions, noting that breaching 0.6405 will push the price to test 0.6480 areas again before any new attempt to decline.

 

The expected trading range for today is between 0.6300 support and 0.6420

 

The expected trend for today: Bearish

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