The NZDUSD pair fluctuates around the key support 0.5900 and consolidates above it, noticing that stochastic provides clear positive signals now, which supports the chances of building bullish wave on the intraday basis, to head towards visiting 0.6020 areas mainly.
Therefore, we expect to witness positive trades in the upcoming sessions, and breaching 0.5935 will ease the mission to achieve the expected rise, noting that breaking 0.5900 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 0.5870 support and 0.5970 resistance
The expected trend for today: Bullish
Origin: Economies
