The NZDUSD pair bounced bearishly after achieving the first waited positive target at 0.6200, to test the key support 0.6140, and returned to rise from there, to keep the bullish trend scenario active for the upcoming period, supported by stochastic positivity that appears clearly now, waiting to surpass 0.6200 to open the way to visit 0.6288 as a next main target.
The technical indicators support the continuation of the suggested bullish wave, which will remain valid conditioned by the price stability above 0.6140.
The expected trading range for today is between 0.6140 support and 0.6240 resistance
The expected trend for today: Bullish
Origin: Economies
