The NZD/USD within tight track – Analysis – 14/10/2020

nzd_1_newsThe NZDUSD pair shows sideways and tight trades, settling around 0.6660, noticing that the price begins today with slight bullish bias that hints heading to resume the expected bullish trend for the upcoming period, which targets 0.6700 followed by 0.6788 as next main stations.

Therefore, our bullish overview will remain valid and active unless breaking 0.6600 and holding below it.

The expected trading range for today is between 0.6620 support and 0.6740

The expected trend for today: Bullish

Origin: Economies

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