The NZDUSD pair reached few pips away from our waited target at 0.6990, showing some slight bearish bias affected by stochastic negativity, noting that moving above the EMA50 supports the chances of continuing the rise to surpass the mentioned level and head towards 0.7100 areas as a next positive target.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6890 level and holding below it.
The expected trading range for today is between 0.6910 support and 0.7020 resistance
The expected trend for today: Bullish
Origin: Economies
