The NZDUSD price managed to confirm breaching 0.6000$ level, starting today with clear positivity to move away from this level and support the continuation of the expected bullish trend for the upcoming period, which targets 0.6070$ as a next station, noting that breaching this level will extend the bullish wave to reach 0.6140$.
Therefore, we will continue to suggest the bullish trend that gets good support by the EMA50 unless breaking 0.6000$ and holding below it.
The expected trading range for today is between 0.5990$ support and 0.6090$ resistance
Trend forecast: Bullish
Origin: Economies