The NZDUSD pair keeps its stability above the bullish channel’s support, which keeps the positive scenario valid until now, waiting to target 0.7905 followed by 0.8045 levels on the near term basis.
Stochastic shows bullish trend signals that support the suggested rise, which its continuation requires holding above 0.7515.
Expected trading range for today is between 0.7505 support and 0.7700 resistance.
Expected trend for today: Bullish