The NZDUSD pair faced temporary negative pressure to test the bullish channel’s support line that appears on the chart, accompanied by witnessing positive signals by stochastic, waiting to resume the bullish wave that its targets begin by breaching 0.6257 to confirm rallying towards 0.6320 as a next station.
Until now, the bullish trend scenario still valid conditioned by the price stability above 0.6180.
The expected trading range for today is between 0.6180 support and 0.6300 resistance
The expected trend for today: Bullish
Origin: Economies
