The NZDUSD reaches the first target – Analysis - 24-01-2023
4 months ago

The NZDUSD pair shows more bullish bias to reach our first waited target at 0.6510, and we suggest surpassing this level to achieve additional gains that reach 0.6600, organized inside the bullish channel that appears on the chart.


Therefore, we expect to witness more rise on the intraday and short term basis, supported by the EMA50, noting that it is important to hold above 0.6420 to continue the expected bullish trend.


The expected trading range for today is between 0.6450 support and 0.6570 resistance

The expected trend for today: Bullish

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