The NZDUSD pair hovers around the EMA50 and did not show any strong move since morning, therefore, no change on the overall bullish trend scenario expected for the upcoming period, which depends on the stability above 0.7215, supported by stochastic positivity that appears on the four hours’ time frame, reminding you that our main targets begin by surpassing 0.7329 barrier to open the way to head towards 0.7484.
Expected trading range for today is between 0.7200 support and 0.7400
Expected trend for today: Bullish