The NZDCAD keeps the positivity – Analysis – 24-1-2023

Economies.com
2023-01-24 06:16AM UTC

The NZDCAD pair confirmed its surrender to the domination of the bullish bias by rallying above the additional barrier 0.8625 recently, to notice achieving additional gains by moving towards 0.8700, also, the major indicators begin to provide the additional positive momentum to increase the chances of resuming the bullish attack, to expect targeting 0.8810 resistance line soon, while surpassing it will push the price to form new bullish waves in the upcoming period to target 0.8880 as a next station.

 

The expected trading range for today is between 0.8660 and 0.8810

 

The expected trend for today: Bullish

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