The NZDUSD pair breached 0.6380 level strongly to confirm the continuation of the bullish trend domination on the intraday and short-term basis, and the way is open to head towards our next positive target at 0.6470.
Therefore, the positive scenario will remain valid and active, and the price needs to get positive momentum that adds more confirmation to the continuation of the bullish wave, noting that breaking 0.6380 will put the price under intraday negative pressure that targets testing 0.6290 areas before any new attempt to rise.
The expected trading range for today is between 0.6370 support and 0.6480 resistance
The expected trend for today: Bullish
Origin: Economies