The NZD/USD resumes the rise – Analysis – 05/01/2021

nzd_1_newsThe NZDUSD pair tested the key support base 0.7170 yesterday and kept its stability above it, to start today with new rise and resume the main bullish track, and the way is open to visit 0.7300 that represents our next main target.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.7170.

The expected trading range for today is between 0.7170 support and 0.7300

The expected trend for today: Bullish

Origin: Economies

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