The NZD/USD resumes the rise – Analysis – 24/02/2021

nzd_1_newsThe NZDUSD pair traded with clear positivity by today’s open, to approach our waited target at 0.7400, reinforcing the expectations of continuing the main bullish trend, which its targets extend to reach 0.7560 after surpassing the previous level.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 0.7315 and holding below it.

The expected trading range for today is between 0.7315 support and 0.7430 resistance

The expected trend for today: Bullish

Origin: Economies

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