The NZDUSD price touched the bullish trend line and approached the waited negative target at 0.6260$, noticing that the price begins to rebound bullishly from there, to head towards resuming the main bullish trend, targeting testing 0.6368$ initially, noting that breaching this level will extend the bullish wave towards 0.6460$ as a next positive station.
The continuation of the bullish wave depends on the price stability above 0.6228$, as breaking it represents the key to turn to decline to achieve negative targets that reach 0.6140$.
The expected trading range for today is between 0.6260$ support and 0.6365$ resistance
Trend forecast: Bullish
Origin: Economies
