The NZDUSD pair managed to touch our waited target at 0.6070 and found solid support there, to start rising and build bullish wave on the intraday basis, targeting visiting 0.6140 initially.
Therefore, the bullish bias will be suggested for today, and breaching the targeted level will extend the bullish wave to reach 0.6228 as a next target, noting that breaking 0.6070 will stop the expected rise and push the price to achieve more bearish correction.
The expected trading range for today is between 0.6050 support and 0.6160 resistance
The expected trend for today: Bullish
Origin: Economies
