The NZDUSD crawls upwards – Analysis - 21-06-2022

Economies.com
2022-06-21 04:09AM UTC

The NZDUSD pair shows positive trades to settle above 0.6300 barrier, waiting for more rise to visit 0.6405 that represents our first main target, to keep the bullish trend scenario active on the intraday basis.

 

Moving above the EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 0.6290.

 

The expected trading range for today is between 0.6300 support and 0.6400 resistance

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The expected trend for today: Bullish

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