The GBPNZD holds above the support – Analysis – 21-5-2019
Economies.com
2019-05-21 07:06AM UTC
The GBPNZD pair faced 1.9450 level at the recent negative crawling, which forms the main bullish channel’s support line, to force the price to renew the positive attempts by bouncing towards 1.9535, while the continuous stability of the current support and stochastic positive momentum signals by reaching 80 level allow us to expect forming new bullish attack to press on the moving average 55 at 1.9600, while surpassing it might extend trades towards 1.9725 in the upcoming period.
The expected trading range for today is between 1.9450 and 1.9600
The expected trend for today: Bullish
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