Midday update for the NZDUSD 08-04-2020

Economies.com
2020-04-08 09:40AM UTC

The NZDUSD pair hovers around 0.5958 level and around the EMA50, waiting to activate the positive signal provided by stochastic to confirm trading above the mentioned level followed by resuming the expected bullish trend for today, which targets 0.6073 level initially, while its continuation requires holding above 0.5958 and 0.5920 levels.

 

The expected trading range for today is between 0.5885 support and 0.6050

 

The expected trend for today: Bullish

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