The NZDUSD pair continues to fluctuate around 0.7335 level since morning, while the EMA50 provides continuous positive support to the price, besides stochastic reach to the oversold areas.
Therefore, we believe that the chances are valid to resume the main bullish trend that its targets begin by breaching 0.7383 to open the way to head towards 0.7558, noting that holding above 0.7187 represents the most important condition to achieve the suggested targets.
Expected trading range for today is between 0.7250 support and 0.7420
Expected trend for today: Bullish