The NZDUSD pair begins today with bearish bias to push on the intraday bullish trend line and moves below it, which might push the price to test the key support 0.7215 before turning back to rise again, as stochastic moves near the oversold areas to protect the mentioned support.
Therefore, we will continue to suggest the overall bullish trend unless breaking 0.7215 level and holding below it, reminding you that our main waited targets begin at 0.7329 and extend to 0.7484 after breaching the previous level.
Expected trading range for today is between 0.7200 support and 0.7350
Expected trend for today: Bullish