The NZD/USD awaits the breach – Analysis – 21/09/2020

nzd_3_newsThe NZDUSD pair continues the attempts to breach 0.6788 level, noting that stochastic approaches the oversold areas, waiting to motivate the price to achieve the required breach and open the way to rally towards 0.6900 that represents our next positive station.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.6710.

The expected trading range for today is between 0.6730 support and 0.6850

The expected trend for today: Bullish

Origin: Economies

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