The NZDUSD pair continues to fluctuate around 0.7329 level, and we are still waiting to breach this level to confirm opening the way to continue the main bullish trend, especially after the price succeeded to breach 0.7220 level recently and settled above it.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 0.7095, noting that the main target of the current bullish channel is located around 0.7670.
Expected trading range for today is between 0.7220 support and 0.7420
Expected trend for today: Bullish
Origin: Economies
