The NZD/USD gets a positive signal – Analysis – 02/03/2022

nzd_1_newsThe NZDUSD pair provided temporary negative trades yesterday, and rises again to test 0.6790 level, noticing that stochastic overlaps positively now, while the EMA50 keeps supporting the price from below.

Therefore, we believe that the chances valid to resume the positive trades to surpass the mentioned level and head towards 0.6870 as a next station, reminding you that it is important to hold above 0.6690 to continue the expected rise.

The expected trading range for today is between 0.6720 support and 0.6840 resistance

The expected trend for today: Bullish

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