The NZDUSD pair shows negative trades by today’s open to test the key support 0.6275, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend scenario active, which targets 0.6365 as a next station.
Note that breaking 0.6275 will stop the positive scenario and put the price under the correctional bearish pressure again.
The expected trading range for today is between 0.6230 support and 0.6350 resistance
The expected trend for today: Bullish
Origin: Economies
