The NZDUSD pair succeeded to touch our first main waited target at 0.6860, noticing that the recent trading is confined inside a potential ascending triangle pattern, its confirmation line located at 0.6860, thus, breaching this level will extend the bullish wave to target 0.7000 areas as a next main station.
Therefore, we expect the continuation of the bullish trend in the upcoming period, supported by the positive signals provided by stochastic on the daily time frame, noting that holding above 0.6600 represents key condition to continue the suggested rise.
Expected trading range for today is between 0.6750 support and 0.7000
Expected trend for today: Bullish
Origin: Economies
