The NZDUSD pair tested the key support 0.6875 yesterday and bounced bullishly from there, to attempt to return to the intraday bullish channel now, which keeps our bullish overview valid and active for the upcoming period, waiting to visit 0.6970 followed by 0.7050 levels as next main targets.
The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 0.6875.
The expected trading range for today is between 0.6850 support and 0.7000
The expected trend for today: Bullish