The NZDUSD pair breached 0.6020 level clearly and ended yesterday above it, to stop the recently suggested negative scenario and head towards rising in the upcoming sessions, noting that the first target is located at 0.6140, which breaching it represents the key to rally towards 0.6290 on the near term basis.
Breaching 0.6090 will ease the mission to achieve the suggested targets, while the expected rise will remain valid unless breaking 0.6020 and holding below it again.
The expected trading range for today is between 0.6050 support and 0.6160 resistance
The expected trend for today: Bullish
Origin: Economies
