The NZDUSD pair rose sharply yesterday, to surpass our second target at 0.6380 and heads towards continuing the rise on the intraday and short term basis, noting that the next target reaches 0.6455.
Therefore, the bullish trend will remain valid for the upcoming period, organized inside the bullish channel that appears on the chart, noting that holding above 0.6380 is important to continue the expected rise.
The expected trading range for today is between 0.6350 support and 0.6455 resistance
The expected trend for today: Bullish
Origin: Economies