The NZDUSD pair trades with clear positivity now to attack 0.6290 level and attempts to hold above it, which hints heading to attempt to return to the main bullish track, but we prefer to stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly.
Note that confirming breaching 0.6290 will push the price to achieve gains that start at 0.6400 and extend to 0.6530, while consolidating below it will push the price to resume the correctional bearish trend that targets 0.6205 followed by 0.6140 levels mainly.
The expected trading range for today is between 0.6250 support and 0.6350 resistance
The expected trend for today: Neutral
Origin: Economies
