The NZDUSD price is confined within sideways track between 0.6070$ support and 0.6140$ resistance, and the price needs to breach this resistance to confirm the continuation of the expected bullish wave on the intraday basis, which targets 0.6228$ areas as a next main station.
Therefore, the bullish trend will remain valid for the upcoming period, noting that breaking 0.6070$ will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 0.6050$ support and 0.6150$ resistance
Trend forecast: Bullish
Origin: Economies