The NZDUSD price shows positive trades after testing 0.6140 in the previous sessions, supported by the EMA50 that carries the price from below, waiting to visit 0.6228 that represents our next target.
Holding above 0.6140 is important to the continuation of the expected rise, as breaking it represents the key to turn to decline and build bearish wave that targets testing 0.6070 initially.
The expected trading range for today is between 0.6130 support and 0.6230 resistance
Trend forecast: Bullish
Origin: Economies
