The NZD/USD gets a positive motive – Analysis – 25/03/2022

news_22_feb_nzd_usd_1The NZDUSD pair keeps its consolidation above 0.6955 and begins to provide new positive trades now, in attempt to move away from the mentioned level, to support the expectations of continuing the bullish trend, motivated by stochastic current positivity, waiting to visit 0.7055 as a next main target.

Holding above 0.6955 is important to continue the suggested rise, as breaking it will press on the price to turn to decline and visit 0.6870 initially.

The expected trading range for today is between 0.6930 support and 0.7030 resistance

The expected trend for today: Bullish

Origin: Economies

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