The NZDUSD pair succeeded to achieve our waited target at 0.6257 and attempts to breach it now, reinforcing the chances of continuing the correctional bullish wave, paving the way to head towards 0.6320 as a next positive target.
Therefore, we will continue to suggest the bullish trend for hteu pcoming period, noting that failing to consolidate above 0.6257 will press on the price to decline towards 0.6180 areas before any new attempt to rise.
The expected trading range for today is between 0.6210 support and 0.6320 resistance
The expected trend for today: Bullish
Origin: Economies
