The NZDUSD pair crawls gradually to the downside after approaching from the bullish channel’s resistance that appears on image, and as long as the price is above 0.6860, our bullish overview will remain valid and active on the intraday and short term basis, and the price needs to get enough positive momentum to push trading to rise again.
The next positive target is located at 0.7330, while breaking 0.6860 level represents negative factor that will push the price to test 0.6750 before any new attempt to rise.
Expected trading range for today is between 0.6900 support and 0.7100
Expected trend for today: Bullish
Origin: Economies
