The NZDUSD pair shows sideways trades now, noticing that stochastic gained the positive momentum to support the chances of resuming the expected bullish trend on the intraday and short-term basis, waiting to head towards 0.6425 as a next main station.
The bullish channel continues to organize the suggested bullish wave, which gets continuous support by the EMA50, noting that the continuation of the bullish trend requires holding above 0.6290.
The expected trading range for today is between 0.6300 support and 0.6400 resistance
The expected trend for today: Bullish
Origin: Economies
