The NZDUSD faces solid resistance – Analysis - 27-01-2023
Economies.com
2023-01-27 05:02AM UTC
The NZDUSD pair attempts to breach 0.6510 level and finds solid resistance there, and continues to move within the bullish channel that supports the chances of continuing the bullish wave that its next target reaches 0.6600.
Until now, the bullish trend scenario still active for the upcoming period, supported by stochastic and the EMA50 positivity, noting that it is important to hold above 0.6470 to continue the expected rise.
The expected trading range for today is between 0.6440 support and 0.6570 resistance
The expected trend for today: Bullish
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