The NZDUSD pair opens today’s trading with bullish bias in attempt to move away from 0.6860 level, which supports the continuation of our bullish trend overview in the upcoming period, organized inside the bullish channel that appears on image, reinforced by stochastic positivity that appears on the daily time frame, besides the positive supported that the EMA50 continues to provide.
Therefore, we believe that the way is open to head towards 0.7125 followed by 0.7330 levels as next main target, reminding you with the importance of holding above 0.6860 to keep the chances of achieving the waited targets valid.
Expected trading range for today is between 0.6860 support and 0.7050
Expected trend for today: Bullish
Origin: Economies
