The NZDUSD gathers the positive momentum – Analysis - 15-10-2020

Economies.com
2020-10-15 03:43AM UTC

The NZDUSD pair shows more sideways and tight trades, noticing that stochastic attempts to gather the positive momentum on the four hours’ time frame, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.6700 followed by 0.6788 levels mainly.

 

Therefore, we will keep our positive overview unless breaking 0.6600 level and holding below it.

 

The expected trading range for today is between 0.6600 support and 0.6740

 

The expected trend for today: Bullish

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