The NZDUSD pair opens today’s trading with bullish bias after retesting the breached resistance of the correctional bearish channel, getting good positive support by the EMA50, waiting for more rise to visit 0.7315 level as a next main station.
Therefore, we will keep our bullish overview for the upcoming period, reminding you that it is important to hold above 0.7200 and 0.7150 to continue the suggested rise.
The expected trading range for today is between 0.7180 support and 0.7315 resistance
The expected trend for today: Bullish
Origin: Economies
