The NZDUSD pair rose to settle above the intraday bullish trend line again, which reactivates the intraday positive scenario, which its targets begin by testing 0.6290 level, noting that breaching this level will extend the bullish wave to reach 0.6385 areas.
Therefore, we expect to witness more bullish bias in the upcoming sessions, supported by the EMA50, noting that breaking 0.6230 will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 0.6225 support and 0.6330 resistance
The expected trend for today: Bullish
Origin: Economies
