The NZDUSD pair traded with clear positivity yesterday after succeeding to touch our waited target at 0.6965, to begin the attempts to breach the key resistance at 0.7034, which represents the key to extend the bullish wave on the short term basis, as the next positive targets located at 0.7145 and extend to 0.7290.
Therefore, we will continue to suggest the bullish trend in the upcoming period supported by the EMA50, conditioned by the price stability above 0.6965.
Expected trading range for today is between 0.6965 support and 0.7145
Expected trend for today: Bullish
Origin: Economies
