The NZD/USD approaches the target – Analysis – 01/09/2021

nzd_1_newsThe NZDUSD pair fluctuates around 0.7045 level, and stochastic attempts to get rid of its negative momentum, waiting to get positive motive that assist to push the price to resume the bullish trend, which its targets begin at 0.7100 and extend to 0.7200 after surpassing the previous level.

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6990 and holding below it.

The expected trading range for today is between 0.6990 support and 0.7100 resistance

The expected trend for today: Bullish

Origin: Economies

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