The NZDUSD pair shows negative trades to move below the bullish channel’s support line, but as long as the price is above 0.7150, our bullish overview will remain valid for the upcoming period, supported by stochastic head towards the oversold areas, waiting to resume the bullish trend that its next main target located at 0.7315.
The expected trading range for today is between 0.7150 support and 0.7270
The expected trend for today: Bullish