The NZDUSD pair continues to fluctuate at the EMA50 that attempts to protect the recently suggested positive scenario, as it forms good support now at 0.6725, which means that breaking this level will push the price to test the most important support for the short term trading at 0.6660.
Therefore, we will keep our bullish overview for today conditioned by holding above the above mentioned levels, and the price needs to breach 0.6860 level to ease the mission of testing the psychological barrier at 0.7000 as a next main station.
Expected trading range for today is between 0.6660 support and 0.6900
Expected trend for today: Bullish
Origin: Economies
