The NZDUSD pair continued the rise yesterday to breach 0.6355 level and settles above it, stopping the suggested negative scenario in our last reports and pushes the price to turn to the upside, in its way to achieve positive targets that begin at 0.6426.
Therefore, the bullish bias will be preferred for today, and breaching the targeted level will extend the bullish wave to reach 0.6495, while breaking 0.6340 will put the price under negative pressure again.
The expected trading range for today is between 0.6320 support and 0.6450
The expected trend for today: Bullish