Forex

The NZDUSD keeps rising – Analysis - 30-11-2020

2020-11-30 05:15:21 GMT (Economies.com)

The NZDUSD pair shows more rise to reach the thresholds of the waited target at 0.7050, and we expect witnessing more bullish bias to head towards 0.7135 that represents the next main target, to keep our bullish overview on the intraday and short term basis, supported by the EMA50.

 

We should note that breaking 0.6990 followed by 0.6950 levels will stop the suggested rise and press on the price to start intraday bearish correction. 

 

The expected trading range for today is between 0.6970 support and 0.7100

 

The expected trend for today: Bullish

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