The NZD/USD awaits more rise – Analysis – 07/03/2022

com-l7The NZDUSD pair provided additional positive trades to attempt to approach our waited target at 0.6955, starting today with temporary decline to test the support base formed above 0.6870, waiting to resume the bullish trend that gets continuous support by the EMA50.

Note that breaking 0.6870 will press on the price to decline and test 0.6790 level before any new attempt to rise.

The expected trading range for today is between 0.6840 support and 0.6955 resistance

The expected trend for today: Bullish

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