The NZDUSD price continued to rise yesterday to surpass 0.6300$ barrier, reinforcing the expectations of continuing the bullish trend, waiting to test 0.6368$ that represents our next main target.
The EMA50 supports the suggested bullish wave, noting that breaking 0.6228$ will stop the bullish trend and push the price to turn to decline.
The expected trading range for today is between 0.6270$ support and 0.6370$ resistance
Trend forecast: Bullish
Origin: Economies
