The NZD/USD resumes the bullish rally – Analysis – 21/10/2021

news_22_feb_nzd_usd_2The NZDUSD pair breached 0.7170 level strongly and rallied upwards to approach the next waited target at 0.7250, reinforcing the expectations of continuing the bullish trend, noting that surpassing the last level will push the price to 0.7315 as a next target.

On the other hand, we should note that the continuation of the bullish wave requires holding above the support base that the price formed above 0.7170.

The expected trading range for today is between 0.7170 support and 0.7270 resistance

The expected trend for today: Bullish

Origin: Economies

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