The NZDUSD hovers around the support – Analysis 17-10-2023

usd-nzdThe NZDUSD pair fluctuates around the key support 0.5900 and keeps its stability above it until now, waiting to get positive motive that assist to push the price to resume the bullish trend on the intraday basis, which its next main target located at 0.6020.

Therefore, we will keep our positive overview unless breaking 0.5900 and holding with a daily close below it.

The expected trading range for today is between 0.5870 support and 0.5970 resistance

The expected trend for today: Bullish

Origin: Economies

 

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