The NZDUSD pair settles around 0.7315 level, and attempted to breach this level by today’s open, to support the expectations of extending the bullish wave on the longer term basis, paving the way to head towards 0.7400 as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.7265 will press on the price to decline towards 0.7175 – 0.7150 areas before any new attempt to rise.
The expected trading range for today is between 0.7265 support and 0.7370 resistance
The expected trend for today: Bullish