The NZDUSD pair trades with clear positivity by today’s open to approach 0.6200 barrier, and the way is open to achieve our waited target at 0.6228, noting that breaching this level will lead the price to achieve additional gains that reach 0.6275 followed by 0.6300.
Therefore, the positive scenario will remain valid for the upcoming period, noting that breaking 0.6140 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 0.6150 support and 0.6250 resistance
The expected trend for today: Bullish
Origin: Economies
