Midday update for the NZDUSD 20-11-2023

Economies.com
2023-11-20 09:50AM UTC

The NZDUSD pair achieved initial breach to 0.6020 level and closed the last four hours’ candlestick above it, which supports the continuation of the expected bullish trend scenario efficiently for the upcoming sessions, which targets 0.6090 followed by 0.6140 levels mainly, taking into consideration that the continuation of the bullish wave requires building solid support base and stability above 0.6020.

 

The expected trading range for today is between 0.5980 support and 0.6080 resistance

 

The expected trend for today: Bullish

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