The NZDUSD pair managed to surpass the EMA50 and hold above it, to build good intraday support base that reinforces the expectations of continuing the rise in the upcoming period, opening the way to head towards our next main target at 0.6860.
Therefore, the bullish trend will remain valid and active for today unless breaking 0.6625 level and holding below it, as breaking this level will push the price to test areas that reach to 0.6395 before any new attempt to rise.
Expected trading range for today is between 0.6625 support and 0.6860
Expected trend for today: Bullish
Origin: Economies
