The NZDUSD pair succeeded to achieve our waited target at 0.7400 and breached it to close the daily candlestick above it, reinforcing the expectations of continuing the bullish trend on the short term and medium term basis, paving the way to head towards 0.7560 as a next main target.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 0.7375 and holding below it.
The expected trading range for today is between 0.7380 support and 0.7500 resistance
The expected trend for today: Bullish
Origin: Economies
