The NZDUSD pair resumed its positive trading after leaning on 0.7049 level, which supports the expectations of continuing the bullish trend on the intraday and short term basis, waiting to test 0.7215 level, which breaching it represents the key to rally towards 0.7484.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.7049 level and holding below it.
Expected trading range for today is between 0.7070 support and 0.7215
Expected trend for today: Bullish
Origin: Economies
