NZD/USD on a Bullish Run – Quick Update on Trading Signal
The NZD/USD pair reached our anticipated target of 0.5835 and attempted to break through it, bolstering the chances of extending the
Skerdian Meta•Thursday, October 27, 2022•1 min read
The NZD/USD pair reached our anticipated target of 0.5835 and attempted to break through it, bolstering the chances of extending the correctional bullish wave and heading to 0.5910. As a result, we will continue to recommend a bullish trend in NZD/USD for the foreseeable future, waiting for positive momentum.
NZD/USD
On the higher side, NZD/USD’s immediate resistance stays at 0.5875 or 0.5995 level. Today’s trading range is expected to be between 0.5790 support and 0.5910 resistance.
Today’s expected trend: Bullish
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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