The NZDUSD gets a positive motive – Analysis 11-01-2024

news_22_feb_nzd_usd_1The NZDUSD pair consolidated above 0.6228 level and begins today with bullish bias in attempt to resume the expected bullish trend for the upcoming period, which its targets begin at 0.6280 and extend to 0.6368 after surpassing the previous level.

Therefore, we will continue to suggest the bullish trend on the intraday basis, motivated by stochastic current positivity, reminding you that it is important to hold above 0.6228 to achieve the expected targets.

The expected trading range for today is between 0.6200 support and 0.6300 resistance

The expected trend for today: Bullish

Origin: Economies

 

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