The NZDUSD pair has initiated today’s trading session on a positive note, approaching the anticipated target at 0.6140. The bullish momentum is expected to persist, with a suggested extension towards the 0.6228 levels in the near term.
Supporting this upward trajectory are positive signals from the stochastic indicator. To validate the continuation of the anticipated bullish trend, it is essential for the price to remain above 0.6070.
The projected trading range for today is set between the support level at 0.6090 and the resistance level at 0.6190.
In conclusion, the NZDUSD pair demonstrates early signs of positivity, and the outlook remains bullish as it strives to reach the target at 0.6228. The scenario holds unless the pair breaks 0.6070 and maintains a position below this level.