The NZDUSD keeps its positive stability – Analysis - 25-11-2022

Economies.com
2022-11-25 04:11AM UTC

The NZDUSD pair attempted to break 0.6240 level but it kept the stability of the daily close above it, to keep the bullish trend scenario active for the upcoming period, organized inside the bullish channel that appears on the chart, waiting to head towards our positive targets that start at 0.6315 and extend to 0.6385.

 

Stochastic negativity might cause some temporary sideways fluctuation before resuming the expected rise, reminding you that it is important to hold above 0.6240 to continue the bullish trend.

 

The expected trading range for today is between 0.6210 support and 0.6330 resistance

The expected trend for today: Bullish

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