The NZDUSD holds above the support – Analysis - 18-11-2022

Economies.com
2022-11-18 04:49AM UTC

The NZDUSD pair attempted to break 0.6100 level but it kept its stability above it, starting today with clear positivity to move away from the mentioned level, which leads the price to resume the main bullish trend, on its way to achieve gains that start by surpassing 0.6200 to visit 0.6300.

 

Therefore, we expect to witness more rise in the upcoming sessions unless breaking 0.6100 and holding below it.

 

The expected trading range for today is between 0.6110 support and 0.6230 resistance

The expected trend for today: Bullish

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