The NZDUSD hits the target – Analysis - 07-07-2020
Economies.com
2020-07-07 04:29AM UTC
The NZDUSD pair succeeded to achieve our waited target at 0.6580 and settles near it, getting continuous positive support by the EMA50, waiting to achieve more rise to breach this level and open the way to extend the bullish wave towards 0.6665 followed by 0.6755 levels that represent our next main targets.
On the other hand, we should note that failing to achieve the required breach will press on the price to decline and test 0.6424 areas before any new attempt to rise.
The expected trading range for today is between 0.6500 support and 0.6630
The expected trend for today: Bullish
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