The NZDUSD continues to rise – Analysis - 03-07-2020

Economies.com
2020-07-03 04:11AM UTC

The NZDUSD pair provided additional positive trades yesterday, noticing that stochastic gets rid of its negative momentum clearly to head towards the oversold areas, waiting to motivate the price to provide more positive trades to head towards 0.6580 that represents our first positive target.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6424 followed by 0.6380 levels and holding below them.

 

The expected trading range for today is between 0.6460 support and 0.6600

 

The expected trend for today: Bullish

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