The NZDUSD pair continued to rise yesterday after confirming breaching 0.6860 level, and the price gets continuous positive signals by the EMA50 stochastic, which supports the continuation of the bullish wave in the upcoming period, which targets 0.7100 level initially.
Therefore, we will keep our positive overview on the intraday and short term basis conditioned by holding above 0.6860 level, noting that breaching 0.7100 level will extend the bullish wave to reach 0.7330.
Expected trading range for today is between 0.6900 support and 0.7100
Expected trend for today: Bullish
Origin: Economies
