The NZDUSD pair approached from the bullish channel’s support that appears on chart, beginning today with bullish bias that signals the price attempt to resume the main bullish trend, and according to the trading rules inside the channels, the price is on its way to build new bullish wave on the short term basis.
Therefore, the bullish bias will be suggested in the upcoming sessions, and the main targets begin at 0.7329 and extend to 0.7600, noting that breaking 0.7015 level will stop the positive overview and push the price to head towards 0.6862 direct.
Expected trading range for today is between 0.7000 support and 0.7220
Expected trend for today: Bullish
Origin: Economies
