The NZD/USD resumes the rise – Analysis – 28/12/2020

nzd_3_newsThe NZDUSD pair trades positively by today’s open, to move away from the EMA50 and supports the expectations of continuing the bullish trend, which targets 0.7171 followed by 0.7300 after surpassing the previous level, taking into consideration that the continuation of the bullish wave requires holding above 0.7095 and the most important above 0.7034.

The expected trading range for today is between 0.7080 support and 0.7200

The expected trend for today: Bullish

Origin: Economies

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