The NZDUSD pair opens today’s trading with clear positivity to move away from 0.6020 level, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, motivated by stochastic positivity, reminding you that our targets begin at 0.6090 followed by 0.6140.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.6020 and holding below it.
The expected trading range for today is between 0.6020 support and 0.6110 resistance
The expected trend for today: Bullish
Origin: Economies