The NZDUSD pair is testing the key resistance 0.7049 now, and the price needs to breach this level to confirm extending the bullish wave on the short term basis, as our next target is located at 0.7215, noting that stochastic and the EMA50 negativity might make the rising mission harder.
In general, we will continue to suggest the bullish trend unless breaking 0.6915 level and holding with a daily close below it.
Expected trading range for today is between 0.6980 support and 0.7150
Expected trend for today: Bullish
Origin: Economies
