The NZDUSD pair rose yesterday to breach 0.7200 barrier and settled with a daily close above it, which supports the continuation of our bullish overview for the upcoming period, which is organized inside the bullish channel that appears on chart, and the way is open to head towards this channel’s resistance, located now at 0.7365.
The EMA50 supports the suggested bullish wave, which its continuation conditions holding above 0.7145 and the most important above 0.7020.
Expected trading range for today is between 0.7145 support and 0.7365
Expected trend for today: Bullish
Origin: Economies
