The NZDUSD resumes rising – Analysis - 09-04-2020
Economies.com
2020-04-09 04:31AM UTC
The NZDUSD pair provided positive trades yesterday to move away from 0.5958, to keep the positive effect of the inverted head and shoulders’ pattern active, waiting to test 0.6073 level initially, noting that the mentioned pattern has positive targets that surpass the mentioned level to assist to push the price towards 0.6216 as a next main station.
Therefore, our bullish overview will remain valid conditioned by the price stability above 0.5958.
The expected trading range for today is between 0.5960 support and 0.6100
The expected trend for today: Bullish
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