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The NZDUSD gets the positive momentum – Analysis - 02-05-2023
The NZDUSD pair attempted to breach 0.6190 level but it found solid resistance there, and begins today with new bullish bias supported by stochastic positivity that appears on the four hours’ time frame, waiting for more rise to surpass the mentioned level and head towards our positive targets that start at 0.6225 and extend to 0.6290.
Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.6140.
The expected trading range for today is between 0.6130 support and 0.6240 resistance
The expected trend for today: Bullish
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The AUDUSD tests the resistance – Analysis - 02-05-2023
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