The NZDUSD pair shows weak trades since yesterday, trading within tight range, noticing that stochastic got rid of its negative momentum to show positive signals now, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 0.6290 areas mainly.
Therefore, the bullish trend scenario will remain active for the upcoming period unless breaking 0.6140 and holding below it.
The expected trading range for today is between 0.6140 support and 0.6250 resistance
The expected trend for today: Bullish
Origin: Economies
