The NZDCAD tests the support – Analysis – 14-1-2022

2022-01-14 07:55:26 GMT (Economies.com)
 

The NZDCAD pair ended the correctional bearish attack by testing the key support at 0.8490, followed by bouncing bullishly towards 0.8575, to increase the chances of settling within the bullish track.

 

The price needs new positive momentum to assist to form strong bullish waves, to expect rallying towards 0.8690 followed by attempting to jump above the moving average 55 at 0.8800 in order to reinforce the domination of the bullish bias for the upcoming trading.

 

The expected trading range for today is between 0.8490 and 0.8650

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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