The NZDUSD needs strong negative motive – Analysis - 16-09-2021

2021-09-16 04:29:53 GMT (

The NZDUSD pair provided positive trades yesterday to test 0.7140, starting to decline now, motivated by the negative signals provided by stochastic, waiting to break 0.7084 to open the way to achieve more bearish correction that targets 0.7030 followed by 0.6990.


In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7170 and holding with a daily close above it.


The expected trading range for today is between 0.7040 support and 0.7140 resistance


The expected trend for today: Bearish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.