The NZDUSD pair fluctuates around 0.6750 level after the bearish rebound that appeared from 0.6860 areas, as the price is affected by stochastic negativity that appears on the daily time frame, which might push the price to show more temporary negativity in the upcoming sessions.
But, until now, the bullish trend scenario still valid on the short term basis as long as the price is above 0.6600 level, and the price needs to breach 0.6860 level to confirm opening the way to target 0.7000 areas followed by moving further towards 0.7330 as next main targets for the suggested bullish wave.
Expected trading range for today is between 0.6700 support and 0.6900
Expected trend for today: Bullish
Origin: Economies
