The NZDUSD pair managed to confirm breaching 0.7145 level after closing the daily candlestick above it, to support the continuation of our bullish trend expectations efficiently in the upcoming period, opening the way towards the main bullish channels’ resistance that located now at 0.7315.
The EMA50 continues to support the bullish wave from below, keeping the positive scenario valid and active for today conditioned by holding above 0.7145 level.
Expected trading range for today is between 0.7100 support and 0.7300
Expected trend for today: Bullish
Origin: Economies
