The NZDUSD pair fluctuates within sideways track to move around 0.6100 level, waiting to resume the positive trades to achieve our main expected target at 0.6140, as the bullish trend still valid as long as 0.6070 level remain intact.
We need to monitor the price when reaching the targeted level, as breaching it represents the key to extend the bullish wave to reach 0.6228 as a next positive target, while breaking 0.6070 represents negative factor that will push the price to turn to decline.
The expected trading range for today is between 0.6060 support and 0.6160 resistance
The expected trend for today: Bullish
Origin: Economies
