The NZDUSD keeps its negative stability – Analysis - 29-01-2020
Economies.com
2020-01-29 05:53AM UTC
The NZDUSD pair tested 0.6545 level and kept its stability below it, to start declining again, which keeps the bearish trend scenario valid for the upcoming period, organized inside the bearish channel that appears on the chart, waiting to visit 0.6480 level as a next station.
We should note that breaching 0.6545 will lead the price to start recovery attempts that target testing 0.6625 areas initially.
The expected trading range for today is between 0.6480 support and 0.6560
The expected trend for today: Bearish
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