The NZDUSD pair succeeded to achieve our first waited target at 0.6380, and continues to move inside the bullish channel to wait for more bullish bias in the upcoming sessions, reminding you that our next target is located at 0.6460.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the bullish bias, noting that the EMA50 provides continuous positive support to the price, while the expected rise will remain valid unless breaking 0.6330 followed by 0.6290 levels and holding below them.
The expected trading range for today is between 0.6330 support and 0.6440 resistance
The expected trend for today: Bullish
Origin: Economies
