The NZD/USD pair has exhibited a sideways trading pattern in recent sessions, with stochastic indicators clearly indicating a gathering of positive momentum. This development suggests the potential for the price to extend its upward movement, aiming to reach positive targets around the 0.6290 level.
In light of this, the bullish trend is likely to persist unless a break below 0.6140 occurs, and the price manages to sustain trading below this level.
For the current trading session, the expected range is anticipated to find support at 0.6170, with resistance levels around 0.6280.
Expected Trend for Today: Bullish