The NZD/USD begins with strong positivity – Analysis – 25/05/2022

nzd_1_newsThe NZDUSD pair opens today with clear positivity to approach our waited target at 0.6525, and we expect the continuation of the bullish bias to surpass this level and open the way to head towards 0.6620 as a next positive target, as the price is affected by the previously completed inverted head and shoulders’ pattern, its signs appear on the chart.

Therefore, we expect to witness more bullish bias on the intraday basis unless breaking 0.6405 and holding below it.

The expected trading range for today is between 0.6460 support and 0.6565 resistance

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply