The NZD/USD attempts positively – Analysis – 01/03/2022

usd-nzdThe NZDUSD pair traded with clear positivity to move away from the breached resistance of the main bearish channel, to head towards achieving bullish correction for the decline that started from 0.7218 areas, noting that breaching 0.6790 will push the price to 0.6870 as a next correctional station.

Therefore, we expect to witness more rise in the upcoming sessions unless breaking 0.6690 and holding below it.

The expected trading range for today is between 0.6700 support and 0.6820 resistance

The expected trend for today: Bullish

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