The NZDUSD approaches the target – Analysis - 03-06-2020
Economies.com
2020-06-03 03:35AM UTC
The NZDUSD pair shows strong positive trades to reach the thresholds of the extended target at 0.6447, providing temporary negative trades now affected by stochastic negativity, waiting to get positive motive that assists to push the price to continue the rise.
In general, we suggest the continuation of the main bullish trend domination conditioned by the price stability above 0.6310, noting that surpassing 0.6447 will push the price to head towards 0.6575 areas as a next main station.
The expected trading range for today is between 0.6350 support and 0.6500
The expected trend for today: Bullish
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