The NZDUSD pair bounced bullishly after retesting the previously breached resistance of the bearish channel that turns into support now at 0.6555, thus, our bullish overview still valid on the intraday and short term basis, supported by the EMA50, waiting to target 0.6715 followed by 0.6860 levels mainly.
Note that breaking 0.6555 level and holding with a daily close below it will stop the positive overview and push the price to trade inside the main bearish channel again.
Expected trading range for today is between 0.6500 support and 0.6710 resistance.
Expected trend for today: Bullish