The NZDUSD surpasses the first target – Analysis - 06-05-2021

2021-05-06 00:46:53 GMT (Economies.com)
 

The NZDUSD pair succeeded to achieve our first waited target at 0.7200 and breached it to settle above it, rienforcing the expectations of extending the bullish wave on the intraday and short term basis, reminding you that our next target is located at 0.7325.

 

On the other hand, we should note that the continuation of the expected bullish trend requires holding above 0.7145.

 

The expected trading range for today is between 0.7170 support and 0.7290 resistance

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1928
0.0026
0.2210%
1.3917
0.0023
0.1648%
Tadawul
10919.68
6.62
0.06%
25.934
-0.054
0.210%
73.265
1.439
2.003%
75.56
0.32
0.43%
1774.945
-3.445
0.194%
 
 
Live Forex Updates