The NZDUSD pair retested 0.7049 level and shows bullish rebound from there, to support the continuation of our bullish overview in the upcoming sessions, waiting to visit 0.7215 level as a first main target.
Therefore, the bullish bias will remain suggested for today unless breaking 0.7049 level and holding below it, noting that stochastic attempts to get rid of its negative momentum gradually to support the expectations to rise.
Expected trading range for today is between 0.7000 support and 0.7215
Expected trend for today: Bullish