The NZDUSD surpasses the resistance – Analysis - 19-10-2021
Economies.com
2021-10-19 04:12AM UTC
The NZDUSD pair rallied upwards strongly to breach 0.7080 and opens the way to head towards our main waited positive target at 0.7170, and we expect the continuation of the bullish bias in the upcoming sessions to achieve more gains on the short term and medium term basis.
Therefore, we will continue to suggest the domination of the bullish trend supported by the EMA50, noting that holding above 0.7080 represents the first condition to continue the expected rise.
The expected trading range for today is between 0.7070 support and 0.7170 resistance
The expected trend for today: Bullish
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