The NZD / USD around the channel’s support – Analysis – 01/14/2021


The NZDUSD pair hovers around the main bullish channel’s support line, noticing that stochastic overlaps positively now, waiting to motivate the price to resume the main bullish trend, which targets 0.7315 as a next station.

Breaching 0.7225 will ease the mission of achieving the expected rise, which will remain valid unless breaking 0.7150 and holding below it.

The expected trading range for today is between 0.7150 support and 0.7270

The expected trend for today: Bullish

Origin: Economies

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Karice Dabule

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