Forex

The NZDUSD crawls upwards – Analysis - 23-10-2020

2020-10-23 04:03:07 GMT (Economies.com)

The NZDUSD pair shows more bullish bias to approach our first waited target at 0.6705, to keep the bullish trend valid and active for the upcoming period, noting that surpassing the mentioned level will push the price to 0.6788 as a next main target.

 

Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 0.6580 level and holding below it.

 

The expected trading range for today is between 0.6620 support and 0.6740

 

The expected trend for today: Bullish

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