The NZDUSD pair settles above the previously breached bearish channel’s resistance line, getting positive support by the EMA50, which keeps our bullish overview valid for the upcoming period, which targets 0.7255 followed by 0.7315 levels as next main stations, while achieving them requires holding above 0.7150.
The expected trading range for today is between 0.7150 support and 0.7260
The expected trend for today: Bullish