The NZDUSD pair provided calm positive trading yesterday, as the price attempts to build new bullish wave inside the main bullish channel that appears on chart, reinforcing the expectations of continuing the positive overview on the intraday and short term basis, waiting to head towards 0.7323 level initially.
Therefore, we will keep our bullish expectations conditioned by the price stability above 0.7175 level, noting that breaching 0.7323 level will extend the pair’s gains to reach 0.7520 as a next main station.
Expected trading range for today is between 0.7160 support and 0.7323
Expected trend for today: Bullish
Origin: Economies
