The NZDUSD pair managed to reach the bearish channel’s resistance that appears on the chart, and we suggest surpassing this level to open the way to achieve additional gains that reach 0.6020.
Therefore, we are waiting for more expected rise on the intraday basis, and breaching 0.5965 is required to ease the mission of achieving the expected target, noting that the continuation of the bullish wave depends on the price stability above 0.5900.
The expected trading range for today is between 0.5900 support and 0.6010 resistance
The expected trend for today: Bullish
Origin: Economies
