The NZDUSD pair completed forming inverted head and shoulders’ pattern that appears on the chart, to get strong positive motive and rallies bullishly to confirm the beginning of the bullish correction, on its way to achieve gains that start by visiting 38.2% Fibonacci correction level at 0.6525.
Therefore, the bullish bias will be suggested in the upcoming sessions, noting that breaking 0.6405 will stop the positive scenario and press on the price to decline again.
The expected trading range for today is between 0.6400 support and 0.6525 resistance
Origin: Economies
