Midday update for the NZDUSD 06-05-2021

Economies.com
2021-05-06 10:19AM UTC

The NZDUSD pair fluctuates around the EMA50, and the price needs to get positive momentum that assist to push trades to continue the expected bullish trend for today, organized inside the bullish channel that appears on the chart, noting that the next target is located at 0.7325, while achieving it requires holding above 0.7145.

 

The expected trading range for today is between 0.7170 support and 0.7290 resistance

 

The expected trend for today: Bullish

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