The NZDUSD pair continues to fluctuate at the key resistance 0.7215, and we still need to breach this level to confirm continuing the bullish trend on the short term basis, as our next target is located the previously recorded top at 0.7484.
Until now, the bullish trend scenario still active as long as the price is above 0.7049, noting that we might witness more sideways fluctuation until stochastic manages to get rid of its negativity and gain enough positive momentum to push the price to achieve the required breach.
Expected trading range for today is between 0.7100 support and 0.7300
Expected trend for today: Bullish