The NZDUSD pair surpassed 0.6140 level and settled above it, starting today with additional positivity to attack the correctional bearish channel’s resistance, to hint stopping the bearish correction and head to attempt to regain the main bullish trend again, on its way to visit 0.6290 as a first positive target.
Therefore, we expect to witness more rise in the upcoming sessions, supported by stochastic positivity, noting that breaking 0.6140 and holding below it will put the price under the correctional bearish pressure again, to head towards 0.6020 areas mainly.
The expected trading range for today is between 0.6150 support and 0.6250 resistance
The expected trend for today: Bullish
Origin: Economies
