The NZDUSD pair crawls gradually to the upside approaching from the sideways range’s resistance at 0.6740, the price needs to breach this level to ease heading towards our next main target at 0.6860.
In general, we keep preferring the bullish trend on the intraday and short term basis unless breaking 0.6545 then 0.6465 levels and holding below them, pointing that the EMA50 provides positive support for the suggested bullish wave.
Expected trading range for today is between 0.6600 support and 0.6800 resistance.
Expected trend for today: Bullish
Origin: economies.com
