The NZDUSD pair rallied bullishly yesterday after it kept its stability above 0.6860 level, as it gets strong positive motive offered by stochastic, reinforcing the expectations of more rise in the upcoming period, waiting to test 0.7040 level as a next main station.
Therefore, we believe that the chances are valid to achieve more gains on the intraday and short term basis, to extend the positive targets towards 0.7330, while the price needs to hold above 0.6860 level to keep the chances of continuing the suggested positive expectations.
Expected trading range for today is between 0.6860 support and 0.7070
Expected trend for today: Bullish
Origin: Economies
