The NZDUSD attempts to recover – Analysis 28-08-2023

nzd_usd_forex_2The NZDUSD pair shows positive trades by today’s open after consolidating above 0.5900 level, to hint heading to achieve expected gains in the upcoming sessions, on its way to achieve positive targets that start at 0.5955 and extend to 0.6020 after surpassing the previous level.

Therefore, the bullish bias will be expected for today unless breaking 0.5900 and closing the daily candlestick below it.

The expected trading range for today is between 0.5880 support and 0.5980 resistance

The expected trend for today: Bullish

Origin: Economies

 

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