The NZD/USD gathers the positive momentum – Analysis – 28/06/2021

com-l7The NZDUSD pair fluctuates within tight track, settling at the intraday bullish channel’s support line, noticing that stochastic gathers the positive momentum clearly, waiting to assist to push the price to rise again, as our next positive target is located at 0.7125.

In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.6995.

The expected trading range for today is between 0.7030 support and 0.7130 resistance

The expected trend for today: Bullish

Origin: Economies

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