The NZDUSD resumes the bullish wave – Analysis - 26-01-2023

Economies.com
2 months ago

The NZDUSD pair returns to rise after approaching the bullish channel’s support line, to resume the main bullish wave, motivated by the positive signal provided by stochastic now, waiting to surpass 0.6510 to confirm extending the bullish wave towards 0.6600.

 

On the other hand, we should note that breaking 0.6445 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 0.6435 support and 0.6550 resistance

The expected trend for today: Bullish

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