The NZDUSD pair made new attempts to breach 0.7323 level yesterday, and we are still waiting to get daily close above the mentioned level to confirm the continuation of the bullish rally on the short term basis, waiting to target 0.7565 level as a next main station.
The EMA50 keeps supporting the price from below, to protect trading inside the bullish channel that appears on the above chart, taking into consideration that holding above 0.7212 level represents the most important condition to continue the expected rise for today.
Expected trading range for today is between 0.7215 support and 0.7450
Expected trend for today: Bullish]
Origin: Economies
