The NZDUSD resumes the rise – Analysis - 24-02-2021

Economies.com
2021-02-24 05:25AM UTC

The NZDUSD pair traded with clear positivity by today’s open, to approach our waited target at 0.7400, reinforcing the expectations of continuing the main bullish trend, which its targets extend to reach 0.7560 after surpassing the previous level.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 0.7315 and holding below it.

 

The expected trading range for today is between 0.7315 support and 0.7430 resistance

 

The expected trend for today: Bullish

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