The NZDUSD pair trades positively now to head towards our first waited target at 0.6910, which supports the continuation of our bullish overview on the intraday basis, reinforced by the EMA50 that carries the price from below, reminding you that breaching the mentioned level will extend the bullish wave to reach 0.7024 direct.
Holding above 0.6795 is important to continue the expected rise, as breaking it will press on the price to turn to decline and target areas that reach 0.6654 on the near term basis.
The expected trading range for today is betwenen 0.6800 support and 0.6930
The expected trend for today: Bullish