The NZDUSD pair shows some bearish bias now, affected by stochastic negativity, while it gets continuous positive support by the EMA50, waiting to resume the expected bullish trend for the upcoming period, which its targets begin at 0.6870 and extend to 0.6955 after surpassing the previous level.
Note that breaking 0.6790 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 0.6760 support and 0.6880 resistance
The expected trend for today: Bullish
Origin: Economies
