The NZDUSD price ended yesterday above 0.6228$ level, to reinforce the expectations of continuing the bullish trend in the upcoming sessions, which targets 0.6300$ as a next main station, noting that surpassing this level will push the price towards 0.6368$ direct.
Therefore, the bullish trend will remain active, supported by the EMA50 that carries the price from below, noting that breaking 0.6228$ will put the price under negative pressure and turn the intraday to decline.
The expected trading range for today is between 0.6200$ support and 0.6300$ resistance
Trend forecast: Bullish
Origin: Economies
