The NZDUSD pair shows more bullish bias to surpass 0.6200 barrier, which supports the continuation of the bullish wave, and we believe that the way is open to achieve our main waited target at 0.6290.
Therefore, the positive scenario will remain valid and active, supported by the EMA50 that carries the price from below, noting that the continuation of the bullish wave requires holding above 0.6140.
The expected trading range for today is between 0.6160 support and 0.6260 resistance
The expected trend for today: Bullish
Origin: Economies
