The NZDUSD keeps its positive stability – Analysis - 31-03-2020

2020-03-31 04:48:21 GMT (Economies.com)
 

The NZDUSD pair leaned on the bullish channel’s support line that meets the key support 0.5958 and started to rise from there, which keeps our bullish overview valid for the upcoming period, supported by the positive overlapping signal provided by stochastic now, waiting to test 0.6073 level initially, noting that breaching this level will extend the price gains to reach 0.6216.

 

The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 0.5958 level and holding below it.

 

The expected trading range for today is between 0.5960 support and 0.6130

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1332
0.0213
1.9152%
1.2645
0.0231
1.8632%
Tadawul
7207.78
-14.63
0.20%
17.645
-0.435
2.406%
38.376
3.889
11.277%
41.14
1.16
2.90%
1707.075
-25.610
1.478%
 
 
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