The NZDUSD pair begins today’s trading with clear positivity after approaching from 0.7200 barrier yesterday, to resume its main bullish track that moves organized inside the bullish channel that appears on chart, as the price gets positive signal by stochastic now, which supports the chances of continuing the rise in the upcoming sessions.
Therefore, we believe that the way is open to head towards 0.7400 that represents our next main target, noting that holding above 0.7180 level represents key condition to the continuation of the bullish momentum for today.
Expected trading range for today is between 0.7180 support and 0.7400
Expected trend for today: Bullish
Origin: Economies
