The NZDUSD is stable – Analysis - 25-01-2021

Economies.com
2021-01-25 02:26AM UTC

The NZDUSD pair settles above the EMA50, noticing that stochastic shows positive signals now, which supports the chances of resuming the expected bullish trend for the upcoming period, which targets 0.7275 followed by 0.7315 levels as next main stations.

 

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 0.7150.

 

The expected trading range for today is between 0.7150 support and 0.7250

 

The expected trend for today: Bullish

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