The NZDUSD pair traded with clear negativity in the previous sessions to test the key support 0.6625, noticing that stochastic got rid of its negative momentum to show clear oversold signals now, waiting to motivate the price to resume the main bullish trend, which its next target located at 0.6750.
Therefore, our bullish overview will remain valid for the upcoming period, noting that breaking 0.6625 will press on the price to test 0.6520 areas before any new attempt to rise.
The expected trading range for today is between 0.6580 support and 0.6700
The expected trend for today: Bullish
Origin: Economies
