NGINX 1.18 compatibility with Drupal Core 8.7.12 Sites

Hi there,
We are planning a NGINX upgrade on our production machines which is hosting a Drupal site.
Before just wanted to check and confirm compatibility of NGINX 1.18 or >NGINX 1.18 versions with current components of our application.

Components currently being used-

Drupal Core- 8.7.12
Web Server- NGINX 1.16.1
PHP-7.3.14
Database Version- 5.5.5-10.4.11-MariaDB. System MySQL, MariaDB, Percona Server, or equivalent
Operating System- Linux, NAME="Red Hat Enterprise Linux Server", VERSION="7.7 (Maipo)"