The NZDUSD pair bounced bullishly after consolidating above the key support 0.6228, to show more bullish bias by today’s open and return to the bullish channel that appears on the chart, which pushes the price to resume the main bullish trend, on its way to achieve positive targets that start at 0.6368.
Therefore, the bullish trend will be suggested in the upcoming sessions, noting that breaking 0.6228 will stop the expected rise and push the price to achieve more bearish correction.
The expected trading range for today is between 0.6220 support and 0.6320 resistance
The expected trend for today: Bullish
Origin: Economies
