The NZDUSD pair’s recent trades are confined within bullish pennant pattern that its signs appear on the chart, which means that breaching 0.6575 will activate the positive effect of this pattern and provide good motive that pushes the price to head towards our positive targets that start at 0.6665 and extend to 0.6750.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.620.
The expected trading range for today is between 0.6500 support and 0.6620
The expected trend for today: Bullish
Origin: Economies
