The NZDUSD awaits the breach – Analysis - 30-01-2023
Economies.com
4 months ago
The NZDUSD pair trades at the bullish channel’s support line and keeps its consolidation above it, getting continuous support by the EMA50, to keep the bullish trend active, waiting to breach 0.6510 to confirm rallying towards 0.6600 as a next target.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6470 and holding below it.
The expected trading range for today is between 0.6450 support and 0.6570 resistance
The expected trend for today: Bullish
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