The NZDUSD pair rallied upwards by today’s open to breach the bearish channel’s resistance and settles above it, to start bearish correction for the decline that started from 0.6576 areas, paving the way to head towards 0.6257 followed by 0.6318 levels as next main targets.
Therefore, the bullish trend will be expected in the upcoming sessions conditioned by the price stability above 0.6145.
The expected trading range for today is between 0.6140 support and 0.6250 resistance
The expected trend for today: Bullish
Origin: Economies
