The NZDUSD awaits the breach – Analysis - 08-07-2020
Economies.com
2020-07-08 04:33AM UTC
The NZDUSD pair tests 0.6580 without managing to breach it until now, noticing that the EMA50 provides the positive support to the price, to support the chances of surpassing the mentioned level and open the way to achieve new positive targets that reach 0.6665 followed by 0.6755.
Therefore, we will keep our bullish overview for the upcoming period, noting that breaking 0.6485 will press on the price to test the key support areas between 0.6424 and 0.6380 before any new attempt to rise.
The expected trading range for today is between 0.6500 support and 0.6620
The expected trend for today: Bullish
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