The NZDUSD pair shows sideways and tight trading settling around 0.7000, as the price keeps its stability above 38.2% Fibonacci level that forms key support base at 0.6950, therefore, our bullish overview will remain valid and active until now, waiting to head towards 0.7095 level mainly.
We remind you that breaching the targeted level will allow the price from regaining the main bullish track that its next target located at 0.7323, while breaking 0.6950 level will push the price to extend the correctional bearish wave towards 0.6835 as a next main station.
Expected trading range for today is between 0.6900 support and 0.7130
Expected trend for today: Bullish
Origin: Economies
