The NZDUSD pair bounced bullishly after testing 0.6140 level in the previous sessions, to resume the expected bullish trend on the intraday basis, on its way to test 0.6290 that represents our next main target.
Moving above the EMA50 supports the continuation of the expected bullish trend, noting that breaking 0.6140 will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 0.6140 support and 0.6250 resistance
The expected trend for today: Bullish
Origin: Economies
