The NZD/USD tests the support – Analysis – 21/06/2023

nzd_1_newsThe NZDUSD pair tested the key support 0.6140 and kept its stability above it, to start bouncing bullishly now, motivated by stochastic positivity, waiting to resume the bullish wave that its next target located at 0.6290.

The EMA50 supports the continuation of the expected bullish trend, which will remain valid conditioned by the price stability above 0.6140.

The expected trading range for today is between 0.6130 support and 0.6240 resistance

The expected trend for today: Bullish

Origin: Economies

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