The NZDUSD resumes the rise – Analysis - 23-01-2023

Economies.com
2023-01-23 04:28AM UTC

The NZDUSD pair resumes its positive trading to approach our waited target at 0.6510, and we suggest the continuation of the bullish bias to surpass this level and head towards 0.6600 as a next main station.

 

Therefore, the bullish trend will remain active for the upcoming period, supported by the EMA50 that continues to carry the price from below, noting that it is important to hold above 0.6385 to continue the expected rise.

 

The expected trading range for today is between 0.6420 support and 0.6555 resistance

The expected trend for today: Bullish

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