The NZDUSD pair rallied strongly to the upside to succeed to touch our first main target at 0.6860, waiting to breach this level to confirm opening the way to extend the bullish wave to target 0.7000 barrier as a next main station.
The EMA50 continues to support the price from below, which supports the continuation of the bullish trend scenario in the upcoming period, which will remain valid and active unless breaking 0.6640 level and holding below it.
Expected trading range for today is between 0.6755 support and 0.7000
Expected trend for today: Bullish
Origin: Economies
