The NZDUSD pair traded positively by today’s opening to surpass the EMA50 and attempt to hold above it, which supports the continuation of the bullish trend scenario in the upcoming period, which its target begin by breaching 0.6860 barrier to open the way to extend the bullish wave towards 0.7000 as a next main target.
Note that breaking 0.6635 level will push the price to head towards 0.6395 level direct before any new attempt to rise.
Expected trading range for today is between 0.6635 support and 0.6860
Expected trend for today: Bullish
Origin: Economies
