The NZDUSD gathers the positive momentum – Analysis 15-12-2023

news_22_feb_nzd_usd_1The NZDUSD pair shows sideways trades since yesterday, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to continue rising and achieve our positive targets that reach 0.6290.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6140 and holding below it.

The expected trading range for today is between 0.6170 support and 0.6280 resistance

The expected trend for today: Bullish

Origin: Economies

 

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