The NZDUSD pair resumes its positive trading after leaning on the EMA50, getting positive support by the stochastic, reinforcing the continuation of our bullish trend expectations efficiently in the upcoming sessions, waiting to surpass 0.7185 followed by 0.7215 barriers to ease the mission of continuing to achieve gains on the short term basis.
Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.7049 level.
Expected trading range for today is between 0.7100 support and 0.7300
Expected trend for today: Bullish