The NZDUSD pair moves within the bullish channel that appears on the chart, noticing that stochastic overlaps positively now, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which targets 0.6380 followed by 0.6460 levels as next main stations.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 0.6290 and holding below it.
The expected trading range for today is between 0.6300 support and 0.6400 resistance
The expected trend for today: Bullish
Origin: Economies
