The NZDUSD keeps its positive stability – Analysis - 22-01-2021

Economies.com
2021-01-22 05:18AM UTC

The NZDUSD pair settles above the previously breached bearish channel’s resistance line, getting positive support by the EMA50, which keeps our bullish overview valid for the upcoming period, which targets 0.7255 followed by 0.7315 levels as next main stations, while achieving them requires holding above 0.7150.

 

The expected trading range for today is between 0.7150 support and 0.7260

 

The expected trend for today: Bullish

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