The NZD/USD touches the target – Analysis – 12/08/2022

news_22_feb_nzd_usd_1The NZDUSD pair succeeded to achieve our waited target at 0.6455, showing new positive trades now to support the chances of surpassing this level and open the way to achieve additional gains that reach 0.6520.

The EMA50 continues to support the price from below, to continue suggesting the bullish trend for the upcoming period unless breaking 0.9380 and holding below it.

The expected trading range for today is between 0.6400 support and 0.6510 resistance

The expected trend for today: Bullish

Origin: Economies

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