The NZD/USD keeps its positive stability – Analysis – 24/03/2022

news_22_feb_nzd_usd_2The NZDUSD pair settles above 0.6955 level, to keep the positive scenario active for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that our next target is located at 0.7055.

We should note that breaking 0.6955 will stop the expected rise and put the price under intraday negative pressure that its first target reaches 0.6870.

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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