The NZDUSD pair opens today’s trading with clear rise to breach 0.6795 level and attempts to hold above it, which hints the price head to achieve more gains in the upcoming period, targeting 50% Fibonacci correction level at 0.6910.
Therefore, the bullish bias will be suggested for today, supported by stochastic positivity, unless the price returned to trade below 0.6795 and fails to close the daily candlestick above it.
Expected trading range for today is betwenen 0.6740 support and 0.6900
Expected trend for today: Bullish