The NZDUSD pair attempted to breach 0.7329 level yesterday without managing to hold above it, noticing that stochastic gets rid of its negativity gradually to head towards the oversold areas, forming positive motive that we are waiting to assist to push the price to achieve the required breach followed by opening the way to head towards 0.7484 on the near term basis.
Therefore, we will keep our positive overview for the upcoming period unless breaking 0.7270 followed by 0.7215 levels and holding below them.
Expected trading range for today is between 0.7270 support and 0.7440
Expected trend for today: Bullish
Origin: Economies
