The NZDUSD pair touched the bullish channel’s support line and consolidates above it, to start providing positive trades by today’s open, which hints heading to resume the main bullish trend within this channel, on its way to achieve positive targets that start by surpassing 0.6290 to reach 0.6350 followed by 0.6440 as next main stations.
Therefore, the bullish bias will be expected for today unless breaking 0.6235 and holding with a daily close below it.
The expected trading range for today is between 0.6220 support and 0.6320 resistance
The expected trend for today: Bullish
Origin: Economies
