The NZDUSD price is testing the key support 0.1640 and keeps its stability above it until now, as the EMA50 meets this level to add more strength to it, waiting to resume the expected bullish wave on the intraday basis, which its targets begin at 0.6228.
RSI shows positive signals that support the expectations to rise, which will remain valid unless breaking 0.6140 and holding with a daily close below it.
The expected trading range for today is between 0.6110 support and 0.6200 resistance
Trend forecast: Bullish
Origin: Economies
