The NZD/USD is stable – Analysis – 30/07/2020

news_22_feb_nzd_usd_2The NZDUSD pair settles at the bullish channel’s support line, and the EMA50 meets this support to add more strength to it, which supports the continuation of our bullish overview that targets 0.6750 as a next station, reminding you that the continuation of the bullish wave conditions holding above 0.6625.

The expected trading range for today is between 0.6600 support and 0.6750

The expected trend for today: Bullish

Origin: Economies

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