The NZDUSD pair shows sideways and tight trading since yesterday settling inside the sideways range that appears on image, noticing that stochastic offers positive signals that we are waiting to push the price to resume the expected bullish trend on the short term basis, which its next main target located at 0.6860.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.6475 level and holding with a daily close below it.
Expected trading range for today is between 0.6480 support and 0.6735 resistance.
Expected trend for today: Bullish
Origin: Economies.com
