The NZDUSD pair is testing the first key resistance 0.7220, waiting to surpass this level to test the next level at 0.7329, as the price needs to breach these levels to reinforce our expectations of continuing the bullish trend inside the bullish channel that appears on chart, which will open the way to head towards 0.7670 areas mainly.
Therefore, the bullish bias will remain suggested in the upcoming sessions supported by the EMA50, unless breaking 0.7085 level and holding below it.
Expected trading range for today is between 0.7155 support and 0.7329
Expected trend for today: Bullish
Origin: Economies
