The NZDUSD pair shows sideways trades in the previous sessions, noticing that stochastic gathers the positive momentum now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.7217 followed by 0.7300 levels as main stations.
On the other hand, we should note that breaking 0.7145 will put the price under negative pressure that its targets begin by testing 0.7100 and might extend to 0.7025 areas before any new attempt to rise.
The expected trading range for today is between 0.7120 support and 0.7220 resistance
The expected trend for today: Bullish