The NZDUSD pair tested the key support 0.7187 and kept its stability above it, to show some bullish bias now in attempt to resume the main bullish trend, waiting to breach 0.7275 level to get rid of the negative pressure and continue rising on the short term basis.
Therefore, we will keep our bullish overview conditioned by holding above 0.7187, noting that breaching 0.7275 will push the price towards 0.7383 that represents our first main target.
Expected trading range for today is between 0.7187 support and 0.7350
Expected trend for today: Bullish
Origin: Economies
