The NZDUSD keeps its positive stability – Analysis - 18-02-2021

Economies.com
2021-02-18 05:09AM UTC

The NZDUSD pair provided more negative trades yesterday and approached 0.7150 level, but it bounced upwards to keep the continuation of the recently suggested positive scenario, waiting to head towards 0.7315 that represents the next main target.

 

Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.7150 and holding below it.

 

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

 

The expected trend for today: Bullish

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