The NZDUSD pair provided negative trading yesterday to move below the EMA50, while the price still stable inside the bullish channel that appears on chart, which its support line located at 0.7060, encouraging us to continue suggesting the bullish trend for today, which its targets begin by breaching 0.7220 level to confirm continuing trading inside the mentioned channel.
Note that breaking 0.7060 level will stop the suggested rise and push the price to turn its short term track to the downside, to start the negative targets at 0.6862.
Expected trading range for today is between 0.7055 support and 0.7270
Expected trend for today: Overall Bullish
Origin: Economies
