The NZDUSD pair breached 0.7049 level strongly and closed the daily candlestick above it, to active the bullish trend scenario on the intraday and short term basis, heading towards 0.7215 as a next main target.
Therefore, the bullish trend will be expected for the upcoming sessions supported by the EMA50 that carries the price from below, noting that breaking 0.7049 level will stop the suggested rise and push the price to visit 0.6915 areas mainly.
Expected trading range for today is between 0.7000 support and 0.7200
Expected trend for today: Bullish