The NZDUSD price rallied upwards strongly yesterday to surpass our first target at 0.6300$ and approaches the second expected target at 0.6368$, and we expect the continuation of the bullish trend to surpass the last level and achieve additional gains that extend to 0.6450$.
The RSI negativity might cause some temporary sideways fluctuation before resuming the expected bullish trend, noting that breaking 0.6300$ might put the price under temporary negative pressure to head towards testing 0.6228$ areas before any new attempt to rise.
The expected trading range for today is between 0.6290$ support and 0.6390$ resistance
Trend forecast: Bullish
Origin: Economies