The NZDUSD pair leans on the EMA50 that forms good support against the price, noticing that stochastic shows oversold signals now, waiting to assist to push the price to resume the positive trades that its targets start by breaching 0.6020 to open the way to visit 0.6085 followed by 0.6140 levels mainly.
Therefore, we will continue to suggest the bullish trend unless breaking 0.5900 and holding below it.
The expected trading range for today is between 0.5910 support and 0.6010 resistance
The expected trend for today: Bullish
Origin: Economies
