The NZD/USD pair has tested the level of 0.6228 and maintained stability above it. The price has started the day positively, attempting to resume the expected bullish wave on the intraday and short-term basis. The next main target is expected to be at 0.6368.
Stochastic indicators provide positive signals, supporting the continuation of the expected rise. This scenario remains valid as long as the price remains stable above 0.6228.
The expected trading range for today is between 0.6210 (support) and 0.6300 (resistance).
Expected Trend for Today: Bullish