The NZDUSD crawls upwards – Analysis - 19-02-2021
Economies.com
2021-02-19 05:04AM UTC
The NZDUSD pair shows calm bullish bias and faces intraday resistance formed by the EMA50 at 0.7215, waiting to surpass this level to ease the mission of heading towards our main expected positive target at 0.7315.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7150 level and holding below it, as breaking this level will press on the price to return to the correctional bearish track again.
The expected trading range for today is between 0.7170 support and 0.7280 resistance
The expected trend for today: Bullish
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