The NZDUSD surpasses the resistance – Analysis - 23-02-2021

Economies.com
2021-02-23 04:57AM UTC

The NZDUSD pair managed to breach 0.7315 level and closed the daily candlestick above it, which supports the continuation of our bullish overview on the intraday and short term basis, paving the way to head towards 0.7400 as a next main station.

 

The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 0.7265.

 

The expected trading range for today is between 0.7265 support and 0.7400 resistance

 

The expected trend for today: Bullish

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