Midday update for the NZDUSD 21-09-2020

Economies.com
2020-09-21 09:12AM UTC

The NZDUSD pair faces negative pressure now to test the intraday bullish channel’s support line, while stochastic keeps gaining the positive momentum, waiting to assist to push the price to rise again, to keep the bullish trend scenario valid for today unless breaking 0.6710 and holding below it, reminding you that our next main target reaches 0.6900.

 

The expected trading range for today is between 0.6730 support and 0.6850

 

The expected trend for today: Bullish

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