The NZDUSD pair continues to fluctuate near the bullish channel’s support, which represents the first protecting factor to the continuation of the expected bullish trend scenario on the short term basis, while stochastic continues to head towards the oversold areas to provide positive motive that supports the chances of resuming rising in the upcoming sessions.
Therefore, we will keep our bullish trend expectations as long as the price is above 0.6885, reminding you with our next main target at 0.7052.
Expected trading range for today is between 0.6850 support and 0.7052
Expected trend for today: Bullish
Origin: Economies
