The NZDUSD price fluctuates around 0.5690$ level now, waiting to gather positive momentum that assist to push the price to resume the bullish bias, which targets testing 0.5738$ initially, noting that breaching this level will lead the price to achieve additional bullish correction that its next target reaches 0.5860$.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 0.5630$.
The expected trading range for today is between 0.5640$ support and 0.5740$ resistance
Trend forecast: Bullish
Origin: Economies
