The NZDUSD leans on the moving average – Analysis - 29-12-2021
Economies.com
2021-12-29 04:49AM UTC
The NZDUSD pair provided negative trades in the previous sessions to lean on the EMA50 that forms good intraday support against the price, and the price resumes the bullish bias to approach 0.6830 level, waiting to breach this level to confirm extending the correctional bullish wave towards 0.6895.
Therefore, our bullish overview will remain active conditioned by the price stability above 0.6770.
The expected trading range for today is between 0.6770 support and 0.6870 resistance
The expected trend for today: Bullish
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