The NZDUSD pair keeps the stability of the daily close inside the bullish channel, while stochastic reaches the thresholds of the oversold areas, thus, our bullish overview still valid and active on the intraday and short term basis, which its targets begin by breaching 0.6885 barrier to open the way to head towards 0.7052.
We remind you that holding above 0.6780 represents key condition to achieve the suggested targets, as breaking it represents the key to return to the correctional bearish track that its next target located at 0.6698.
Expected trading range for today is between 0.6750 support and 0.6950
Expected trend for today: Bullish
Origin: Economies
