The NZDUSD pair bounced upwards clearly after approaching from the EMA50 yesterday, to show new attempts to breach 0.7329 level now, thus, we believe that the chances valid to continue rising on the intraday and short term basis, waiting to extend the bullish wave towards 0.7484.
Stochastic provides positive signal that supports the expectations to rise, while holding above 0.7215 represents major condition to continue the suggested bullish wave.
Expected trading range for today is between 0.7265 support and 0.7450
Expected trend for today: Bullish