The NZDUSD crawls upwards – Analysis - 02-07-2020

Economies.com
2020-07-02 04:36AM UTC

The NZDUSD pair continues to rise gradually to reach 0.6500 barreir, which supports the continuation of the bullish trend expectations, and the ways is open to achieve our main waited target at 0.6580.

 

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 0.6424 and 0.6385 levels.

 

The expected trading range for today is between 0.6424 support and 0.6560

 

The expected trend for today: Bullish

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