The NZDUSD pair continues to fluctuate around the EMA50, and as long as the price inside the bullish channel that appears on chart, our bullish overview will remain valid and active, waiting to surpass 0.7220 followed by 0.7329 barriers to open the way to head towards 0.7600 on the near term basis.
Therefore, the bullish bias will remain suggested on the intraday and short term basis unless breaking 0.7080 level and holding with a daily close below it.
Expected trading range for today is between 0.7080 support and 0.7270
Expected trend for today: Overall Bullish
Origin: Economies
