The NZDUSD pair has successfully breached the 0.6020 level and concluded the daily candlestick above it. This development strengthens expectations for the continuation of the bullish trend in the upcoming sessions, with the next target set at 0.6095.
While there might be some temporary sideways fluctuations due to the current negative reading on the stochastic indicator, the overall outlook remains positive. It is crucial for the pair to maintain levels above 0.6020 to achieve the anticipated targets.
The projected trading range for today is expected to oscillate between the support level at 0.5990 and the resistance level at 0.6090.
The prevailing trend for today is anticipated to be bullish.