The NZDUSD breaches the resistance – Analysis 30.04.2020

news_22_feb_nzd_usd_2The NZDUSD pair confirmed breaching 0.6073 level after holding with a daily close above it, showing more positive trades to move away from this level, reinforcing the chances of continuing the bullish trend in the upcoming sessions, and we believe that the way is open to visit 0.6216.

Therefore, the bullish bias will be suggested for today, supported by the EMA50, unless we witnessed clear break and holding below 0.6073.

The expected trading range for today is between 0.6070 support and 0.6216

The expected trend for today: Bullish

Origin: Economies

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