The NZD/USD tests the support base – Analysis – 31/05/2022

nzd_2_newsThe NZDUSD pair tests 0.6525 level now and keeps its stability above it, to keep the bullish trend scenario active, waiting to get positive motive that assist to push the price towards our next target that reaches 0.6620.

On the other hand, we should note that breaking 0.6525 will stop the suggested positive scenario and press on the price to turn to decline.

The expected trading range for today is between 0.6490 support and 0.6600 resistance

Origin: Economies

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