The NZDUSD pair provided more positive trades to reach the thresholds of the first expected target at 0.7100, and resumes its positive trading now supported by stochastic approach to the oversold areas, waitig for more rise to surpass the mentioned level and rally towards 0.7240 as a next positive target.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7000 and holding below it.
The expected trading range for today is between 0.7010 support and 0.7130 resistance
The expected trend for today: Bullish
Origin: Economies
