The NZDUSD pair shows some bearish bias after testing 0.6400 barrier in the previous sessions, noticing that stochastic shows clear positive signals now, while the EMA50 continues to provide the positive support to the price.
Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which its next targets located at 0.6470 followed by 0.6530, while achieving them requires holding below 0.6290.
The expected trading range for today is between 0.6300 support and 0.6420 resistance
The expected trend for today: Bullish
Origin: Economies
