The NZDUSD pair fluctuates around 0.6955 level and attempts to hold above it, and we will depend on the last daily close above this level to keep our bullish overview, which targets 0.7055 as a next station.
Stochastic approaches the oversold areas to provide positive motive that supports the expectations to rise, noting that failing to hold above 0.6955 will put the price under negative pressure that its first target located at 0.6870.
The expected trading range for today is between 0.6910 support and 0.7010 resistance
The expected trend for today: Bullish
Origin: Economies
