Midday update for the NZDUSD 05-08-2020

Economies.com
2020-08-05 09:09AM UTC

The NZDUSD pair attempts to surpass the EMA50, waiting for more rise in the upcoming sessions, depending on the price stability above 0.6620, noting that we need to get positive momentum that assists to push the price to head towards our main expected target at 0.6750.

 

The expected trading range for today is between 0.6600 support and 0.6720

 

The expected trend for today: Bullish

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