The NZDUSD pair bounced bearishly after testing 0.6700 barrier yesterday, witnessing sideways track signs that dominates the recent trading, noticing that stochastic shows clear oversold signals, reinforcing the chances of the return to rise.
Therefore, we continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 0.6495 level, noting that the waited targets begin at 0.6765 and extend to 0.6860.
Expected trading range for today is between 0.6500 support and 0.6765 resistance.
Expected trend for today: Bullish
Origin: Economies.com
