The NZDUSD price traded with clear negativity in the previous sessions to reach few pips away from our waited target at 0.6140$, and begins to provide calm positive trades that hint heading to stop the bearish correction and resume the bullish trend again, on its way to achieve positive targets that start by testing 0.6228$ areas.
Therefore, we expect to witness bullish bias today, supported by the RSI positivity, taking into consideration that breaking 0.6140$ will stop the expected rise and push the price to suffer more losses on the intraday and short-term basis.
The expected trading range for today is between 0.6120$ support and 0.6220$ resistance
Trend forecast: Bullish
Origin: Economies
