The NZDUSD pair trading settles near 0.7135 level since yesterday, as long as the price above 0.7049 level, so the bullish trend scenario will remain valid in the upcoming period, targeting testing 0.7215 level initially, pointing that breaching this level will push the price to 0.7484 as a next main station.
You should be aware that breaking 0.7049 level will push the price to test 0.6915 levels again before any new attempt to rise.
Expected trading range for today is between 0.7070 support and 0.7215
Expected trend for today: Bullish
Origin: Economies
