The NZDUSD pair trades with clear positivity now, to move away from 0.7145 and reinforce the expectations of continuing the bullish trend on the intraday and short term basis, on its way to test the recently recorded high at 0.7217 as a first station, waiting for more rise to surpass this level and head towards 0.7300.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 0.7145.
The expected trading range for today is between 0.7145 support and 0.7230 resistance
The expected trend for today: Bullish
Origin: Economies
