The NZDUSD pair touched our waited negative target at 0.6140 and found solid support there, to rebound bullishly and hint heading to attempt to resume the main bullish trend, on its way to test 0.6290 initially.
Therefore, the bullish bias will be expected for today, and breaching 0.6210 will ease the mission of achieving the waited target, while breaking 0.6140 represents negative factor that will push the price to continue the decline and head towards 0.6020 areas on the near-term basis.
The expected trading range for today is between 0.6140 support and 0.6240 resistance
The expected trend for today: Bullish
Origin: Economies