The NZDUSD pair traded with clear positivity to breach the bearish channel’s resistance line and settles above it, to stop the negative scenario and head to rise in the upcoming sessions, on its way to visit 0.6405 mainly.
Therefore, the bullish bias will be expected for today, noting that breaking 0.6260 followed by 0.6210 levels will stop the suggested rise and press on the price to resume the main bearish trend again.
The expected trading range for today is between 0.6250 support and 0.6350 resistance
Origin: Economies
