The NZDUSD price confirmed breaching 0.6140 after ending yesterday above it, reinforcing the chances of achieving more gains on the intraday and short term basis, and the way is open to head towards our next target at 0.6228.
Moving above the EMA50 supports the continuation of the suggested bullish wave, which will remain valid unless breaking 0.6140 and holding below it.
The expected trading range for today is between 0.6130 support and 0.6230 resistance
Trend forecast: Bullish
Origin: Economies
