The NZDUSD recovers – Analysis - 16-01-2020
Economies.com
2020-01-16 05:42AM UTC
The NZDUSD pair opens today’s trading with clear positivity to breach 0.6625 level and settles above it again, as the price leaned on the breached resistance of the falling wedge pattern that its signs appear on the chart to resume the bullish track, on its way to achieve gains that reach 0.6755 mainly.
Therefore, we expect witnessing more rise in the upcoming sessions unless breaking 0.6625 level and holding with a daily close below it.
The expected trading range for today is between 0.6580 support and 0.6680
The expected trend for today: Bullish
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