The NZDUSD price fluctuates around the EMA50, waiting to gather positive momentum that assist to push the price to resume the expected bullish trend on the intraday basis, which its next target located at 0.6228$.
Holding above 0.6140$ is important to the continuation of the expected rise, as breaking it will put the price under negative pressure that its next target reaches 0.6070$.
The expected trading range for today is between 0.6130$ support and 0.6230$ resistance
Trend forecast: Bullish
Origin: Economies
