The NZDUSD hits the target – Analysis - 02-06-2020
Economies.com
2020-06-02 04:16AM UTC
The NZDUSD pair succeeded to achieve our waited target at 0.6295 and settles around it, getting continuous positive support by the EMA50, waiting to get rid of the negative momentum that appears on the intraday time frames and get positive momentum that assists to push the price to continue the main bullish trend, which its next targets extend to reach 0.6447.
Therefore, the bullish trend scenario will remain valid for the upcoming period unless breaking 0.6216 level and holding below it.
The expected trading range for today is between 0.6216 support and 0.6350
The expected trend for today: Bullish
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