The NZDUSD pair traded with clear positivity yesterday to attempt to breach 0.6955 level, which hints heading to resume the bullish trend, which moves organized inside the bullish channel that appears on the chart, noting that breaching the mentioned level will push the price to 0.7055 as a next positive target.
Therefore, the bullish bias will be expected for today, noting that failing to breach 0.6955 will press on the price to rebound bearishly and head towards 0.6875 as a main negative target.
The expected trading range for today is between 0.6900 support and 0.7000 resistance
The expected trend for today: Bullish
Origin: Economies
