The NZDUSD gathers the positive momentum – Analysis 22-11-2023

nzd_usd_forex_The NZDUSD pair shows some bearish bias to approach 0.6020 support line, accompanied by stochastic gain to the positive momentum clearly, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 0.6090 followed by 0.6140 levels mainly.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6020 and holding below it.

The expected trading range for today is between 0.6020 support and 0.6110 resistance

The expected trend for today: Bullish

Origin: Economies

 

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