The NZD/USD pair exhibits a steady bullish inclination as it surpasses the 0.6100 barrier, affirming the continuation of the anticipated bullish trend on an intraday basis. The immediate objective of this upward movement is situated at 0.6140. It is worth noting that a breach of this level would propel the price to achieve additional gains, targeting 0.6205.
Consequently, the recommendation leans towards a bullish outlook for the foreseeable period, unless a break below 0.6020 occurs, with a sustained move below this level.
The expected trading range for the current session is anticipated to fluctuate between the support at 0.6060 and resistance at 0.6160.
Today’s anticipated trend: Bullish