Midday update for the NZDUSD 22-10-2021

Economies.com
2021-10-22 08:58AM UTC

The NZDUSD pair couldn’t manage to break 0.7145 level, to rebound bullishly and resume the main bullish track again, making the bullish trend suggested in the upcoming sessions, and we expect to surpass 0.7215 to confirm rallying towards 0.7300 as a next positive station.

 

We should note that breaking 0.7145 will stop the expected bullish rally and press on the price to achieve correctional negative targets.

 

The expected trading range for today is between 0.7150 support and 0.7230 resistance

 

The expected trend for today: Bullish

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