The NZDUSD pair managed to achieve our waited target at 0.6140 and attempts to breach it, and we suggest extending the bullish wave after the formation of double bottom pattern that its signs appear on the chart, noting that the next target reaches 0.6228.
Therefore, we are waiting for more expected rise in the upcoming sessions, taking into consideration that failing to breach 0.6140 will push the price to rebound bearishly and head to test 0.6070 before any new attempt to rise.
The expected trading range for today is between 0.6100 support and 0.6200 resistance
The expected trend for today: Bullish
Origin: Economies
