The NZDUSD pair returns to decline after approaching 0.7150 level, to keep the bearish trend scenario active for today, supported by stochastic and the EMA50 negativity, affected by the double top pattern that appears on the chart, reminding you that our next target is located at 0.7047, while achieving it requires holding below 0.7150 and the most important below 0.7205.
The expected trading range for today is between 0.7050 support and 0.7200
The expected trend for today: Bearish
Go to the news source: Midday update for the NZDUSD 19-01-2021
