The NZDUSD pair confirmed breaching 0.5935 level to complete forming double bottom pattern that we are waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets testing 0.6020 as a next main station.
Therefore, the bullish trend scenario will remain valid and active on the intraday basis, reminding you that holding above 0.5900 represents major condition to continue the suggested rise.
The expected trading range for today is between 0.5900 support and 0.6000 resistance
The expected trend for today: Bullish
Origin: Economies
