The NZDUSD price shows calm negative trades to gradually approach the key support 0.6140, and the price needs to consolidate above this level to keep the bullish trend scenario active, which targets testing 0.6228 initially.
The EMA50 supports the expected bullish trend, noting that breaking 0.6140 will force the price to decline and head towards 0.6070 mainly.
The expected trading range for today is between 0.6130 support and 0.6230 resistance
Trend forecast: Bullish
Origin: Economies
