The NZDUSD gets the positive momentum – Analysis - 22-05-2020

2020-05-22 00:54:17 GMT (Economies.com)
 

The NZDUSD pair shows sideways trading and settles above 0.6100 barrier, noticing that stochastic reaches the oversold levels, which supports the continuation of our bullish trend expectations, pointing that our next station is located at 0.6216.

 

You should be aware that breaking 0.6073 will stop the suggested rise and pushes the price to decline again.

 

The expected trading range for today is between 0.6080 support and 0.6216

 

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1246
-0.0031
0.2718%
1.2486
0.0178
1.4462%
Tadawul
7388.49
76.25
1.04%
18.047
0.268
1.507%
40.285
1.510
3.894%
42.80
-0.34
0.79%
1774.730
3.115
0.176%
 
 
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