The NZD/USD hits the target – Analysis – 23/03/2022

nzd_1_newsThe NZDUSD pair resumed its positive trading strongly to succced touching our waited target at 0.6955, and begins today with additional positivity to breach this level and settles above it, reinforcing the expectations of continuing the bullish trend domination, on its way to visit 0.7055 as a next main target.

The EMA50 supports the expected rise, noting that breaking 0.6955 will stop the positive scenario and press on the price to test 0.6870 areas again.

The expected trading range for today is between 0.6920 support and 0.7030 resistance

The expected trend for today: Bullish

Origin: Economies

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