The NZDUSD pair breached 0.6140 level clearly and settled above it, to stop yesterday’s suggested negative scenario and head to rise on the intraday and short-term basis, on its way to visit 0.6200 followed by 0.6290 levels as next positive targets.
The EMA50 supports the continuation of the expected bullish trend, which will remain valid unless breaking 0.6140 and holding below it.
The expected trading range for today is between 0.6120 support and 0.6225 resistance
The expected trend for today: Bullish
Origin: Economies
