The NZDUSD pair managed to attack 0.7329 level yesterday and closed the daily candlestick above it, which supports the continuation of the bullish trend scenario on the short term and medium term basis, organized inside the bullish channel that appears on chart, waiting the continuation of the bullish bias in the upcoming sessions, as the price gets continuous positive support by the EMA50.
Therefore, the bullish trend will remain suggested conditioned by the price stability above 0.7220 and the most important above 0.7100 levels, noting that our next main target is located at 0.7675.
Expected trading range for today is between 0.7300 support and 0.7450
Expected trend for today: Bullish
Origin: Economies
