Midday update for the NZDUSD 11-05-2021

Economies.com
2021-05-11 10:19AM UTC

The NZDUSD pair shows positive trades now to head towards resuming the main bullish trend, noticing that stochastic got rid of its negative momentum to provide positive signals now, waiting for more rise in the upcoming sessions to visit 0.7400 that represents our next target, reminding you that it is important to hold above 0.7180 to continue the expected bullish trend.

 

The expected trading range for today is between 0.7220 support and 0.7320 resistance

 

The expected trend for today: Bullish

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