The NZDUSD pair shows new positive trades and tests the EMA50 now, waiting for more rise to visit the bearish channel’s resistance at 0.6835.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that surpassing the mentioned level will push the price to achieve additional gains that reach 0.6920, while the expected rise will remain valid as long as 0.6735 level remains intact.
The expected trading range for today is between 0.6760 support and 0.6850 resistance
The expected trend for today: Bullish
Origin: Economies
