The NZDUSD begins positively – Analysis 09-02-2024

news_22_feb_nzd_usd_1The NZDUSD pair opens today’s trading with clear positivity to reach the thresholds of the waited target at 0.6140, and we suggest the continuation of the bullish bias to breach this level and extend the bullish wave to reach 0.6228 areas on the near-term basis.

Stochastic provides positive signals that support the continuation of the expected bullish trend, which will remain valid unless breaking 0.6070 and holding below it.

The expected trading range for today is between 0.6090 support and 0.6190 resistance

The expected trend for today: Bullish

Origin: Economies

 

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