The NZDUSD pair bounced upwards clearly after testing 0.6140 level in the previous sessions, to resume the expected bullish trend on the intraday and short term basis, and we believe that the way is open to achieve our next target at 0.6290.
Therefore, we are waiting for more rise in the upcoming sessions, supported by the EMA50, reminding you that it is important to hold above 0.6140 to achieve the waited targets.
The expected trading range for today is between 0.6160 support and 0.6270 resistance
The expected trend for today: Bullish
Origin: Economies