The NZD/USD surpasses the resistance – Analysis – 04/03/2022

news_22_feb_nzd_usd_1The NZDUSD pair managed to surpass 0.6790 level and hold with a daily close above it, which supports the continuation of our bullish overview efficiently in the upcoming period, which targets 0.6870 as a next station.

The EMA50 supports the expected rise, noting that holding above 0.6790 represents the first condition to continue the positive scenario.

The expected trading range for today is between 0.6750 support and 0.6875 resistance

The expected trend for today: Bullish

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