Forex

The NZDUSD touches the target – Analysis - 21-07-2021

2021-07-21 04:40:53 GMT (Economies.com)

The NZDUSD pair managed to touch our waited target at 0.6900 and attempts to break it, to support the chances of extending the bearish wave on the short term basis, noting that the next targets reach 0.6810 followed by 0.6700.

 

Therefore, the bearish trend will remain dominant in the upcoming sessions conditioned by the price stability below 0.7025.

 

The expected trading range for today is between 0.6850 support and 0.6950 resistance

 

The expected trend for today: Bearish

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