The NZDUSD pair has successfully reached our anticipated target at 0.6020. Today, it starts with further positivity as it surpasses this level and attempts to hold above it. This reinforces the expectations of the continued dominance of the bullish trend on an intraday basis, with our next target located at 0.6095.
The presence of the EMA50 provides support for the expected bullish trend, which will remain valid as long as the price remains above 0.6020.
Expected trading range for today: 0.5980 support to 0.6080 resistance.
Expected trend for today: Bullish.