NZDUSD Breaches the Resistance
The NZDUSD pair rallies upwards now to breach 0.5835 level and attempts to hold above it, reinforcing the expectations of continuing the correctional bullish trend, opening the way to head towards 0.5910 as a next main target. The EMA50 continues to support the suggested bullish wave, noting that holding above 0.5835 represents initial condition to continue the expected rise.
The expected trading range for today is between 0.5810 support and 0.5930 resistance. The expected trend for today: Bullish.