The NZDUSD pair shows bearish bias to approach the key support 0.6070, waiting to get positive motive that assist to push the price to resume the expected bullish trend on the intraday basis, which targets 0.6140 initially.
Holding above 0.6070 keeps the bullish trend scenario active, noting that breaching the targeted level will extend the bullish wave to reach 0.6228 as a next positive station.
The expected trading range for today is between 0.6050 support and 0.6150 resistance
The expected trend for today: Bullish
Origin: Economies
