Midday update for the NZDUSD 21-01-2021
Economies.com
2021-01-21 11:00AM UTC
The NZDUSD pair keeps its stability above the breached resistance of the correctional bearish channel, to keep the bullish trend scenario valid and active for the rest of the day, supported by moving above the EMA50, waiting to visit 0.7255 followed by 0.7315 mainly, reminding you that it is important to hold above 0.7150 to achieve the suggested targets.
The expected trading range for today is between 0.7150 support and 0.7280
The expected trend for today: Bullish
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