The NZDUSD pair shows more bullish bias on its way towards our waited target at 0.6470, reinforcing the expectations of continuing the correctional bullish trend, noting that breaching the mentioned level will extend the bullish wave to reach 0.6530 as a next station.
The EMA50 supports the suggested bullish wave, which its continuation requires holding above 0.6390.
The expected trading range for today is between 0.6390 support and 0.6490
The expected trend for today: Bullish