The GBPNZD consolidates within the bullish channel – Analysis – 3-4-2020
Economies.com
2020-04-03 08:54AM UTC
The kept its stability within the bullish channel, gaining strength by the stability of the main support line at 2.0753 besides 2.0876 level forming additional support as appears on the chart.
These factors along with stochastic attempt to provide positive momentum allow us to expect forming new positive trades to target 2.1040 followed by reaching 2.1185 extended resistance.
The expected trading range for today is between 2.0876 and 2.1040
The expected trend for today: Bullish
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