The NZDUSD pair opens today’s trading with strong rise to succeed achieving our first waited target at 0.7171, and surpassed it to confirm extending the bullish wave on the longer term basis, on its way to visit 0.7300 that represents our next main target.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 0.7120.
The expected trading range for today is between 0.7120 support and 0.7250
The expected trend for today: Bullish
Origin: Economies