The NZDUSD pair settles above the EMA50 that forms good intraday support against the price, to keep the bullish trend scenario active on the intraday basis, which targets testing 0.6990 level as a next positive station.
Note that breaching the targeted level will extend the bullish wave to reach 0.7100 as a next target, while holding above 0.6890 represents key condition to continue the expected rise.
The expected trading range for today is between 0.6890 support and 0.7000 resistance
The expected trend for today: Bullish
Origin: Economies
