The NZDUSD approaches the target – Analysis - 10-05-2021
Economies.com
2021-05-10 00:27AM UTC
The NZDUSD pair provided new strong positive trades to reach 0.7300 barrier, to support the expectations of continuing the rise on the intraday and short term basis, reminding you that our next target is located at 0.7325, which breaching it represents the key to head towards 0.7400 as a next station.
The bullish channel continues to organize the current bullish wave, which will remain valid conditioned by the price stability above 0.7190.
The expected trading range for today is between 0.7240 support and 0.7350 resistance
The expected trend for today: Bullish
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