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The NZDUSD price has established itself above the $0.6070 level, initiating efforts to build a bullish momentum on an intraday basis with an initial target of reaching $0.6140.
Today, a bullish bias is anticipated, contingent upon the price breaching the $0.6095 level to facilitate the achievement of the targeted milestone. The sustainability of this bullish wave hinges upon the price maintaining stability above $0.6070.
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The expected trading range for today is between support at $0.6030 and resistance at $0.6130.
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Trend Forecast: Bullish
