The NZDUSD pair opens today’s trading with clear decline attacking 0.6860 level and attempts to hold below it, while we depend on yesterday’s close above the mentioned level to continue suggesting the overall bullish trend, which gets continuous support by the EMA50.
Therefore, the bullish bias will be suggested for the upcoming sessions, and the price needs to step above 0.6860 level again to reinforce the chances of targeting 0.7050 followed by 0.7330 as next main stations.
Expected trading range for today is between 0.6750 support and 0.6970
Expected trend for today: Bullish
Origin: Economies
