The NZDUSD price returns to rise by today’s open, to keep the bullish trend valid and active for the upcoming period, reminding you that the first target is located at 0.6228$, and we suggest breaching this level to open the way to target 0.6300$ areas as a next main station.
Moving above the EMA50 supports the expected bullish trend, noting that breaking 0.6140$ will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 0.6160$ support and 0.6260$ resistance
Trend forecast: Bullish
Origin: Economies
