The NZDUSD pair shows some slight bearish bias by today’s open after touching our first waited positive target at 0.6210, to move below 0.6200 barrier now, as it is affected by stochastic negativity, and it might test the key support 0.6140 before turning back to rise again.
Until now, the bullish trend scenario still valid unless breaking 0.6140 and holding with a daily close below it, reminding you that we are waiting to visit 0.6290 as a next main target.
The expected trading range for today is between 0.6140 support and 0.6250 resistance
The expected trend for today: Bullish
Origin: Economies
