The NZD/USD resumes the rise – Analysis – 01/09/2020

nzd_2_newsThe NZDUSD pair shows positive trades now to attempt to move away from the main bullish channel’s support line, which supports the continuation of our bullish overview efficiently in the upcoming sessions, which its next target located at 0.6800.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 0.6715 and holding with a daily close below it.

The expected trading range for today is between 0.6715 support and 0.6840

The expected trend for today: Bullish

Origin: Economies

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