The NZDUSD pair trades with clear positivity now, to breach 0.6235 level and approach 0.6290, to hint heading to recover and regain the main bullish trend again, and the price needs to breach the last level to confirm continuing the rise.
Now, we prefer to stay aside until we get clearer signal for the next trend, noting that breaching 0.6290 will push the price to achieve additional gains that reach 0.6410, while breaking 0.6235 support line represents negative factor that will push the price to decline and head towards 0.6410 initially.
The expected trading range for today is between 0.6200 support and 0.6310 resistance
The expected trend for today: Neutral
Origin: Economies
