The NZDUSD within a positive pattern – Analysis - 07-01-2021
Economies.com
2021-01-07 05:42AM UTC
The NZDUSD pair’s recent trade are confined within bullish pennant pattern that its signs appear on the chart, which means that breaching 0.7300 will provide positive motive that assists to push the price to resume the main bullish trend, which targets 0.7360 as a next station.
Therefore, our bullish overview will remain valid conditioned by the price stability above 0.7250.
The expected trading range for today is between 0.7250 support and 0.7360
The expected trend for today: Bullish
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