The NZDUSD pair continues to fluctuate around 0.6228 level and keeps its consolidation above it, noticing that stochastic reaches the oversold areas again, waiting to resume the expected bullish trend on the intraday basis, noting that our targets begin at 0.6305 and extend to 0.6368.
On the other hand, we should note that breaking 0.6228 will put the price under the correctional bearish pressure that its next target located at 0.6140.
The expected trading range for today is between 0.6200 support and 0.6290 resistance
The expected trend for today: Bullish
Origin: Economies
