The NZDUSD pair fluctuates around the bearish channel’s resistance and finds difficulty to breach it, affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the bullish bias and achieve our waited target at 0.6020.
Until now, the bullish trend scenario still valid and active for the upcoming period unless breaking 0.5900 and holding below it.
The expected trading range for today is between 0.5930 support and 0.6020 resistance
The expected trend for today: Bullish
Origin: Economies
