The NZD/USD pair reached our anticipated target of 0.5835 and attempted to break through it, bolstering the chances of extending the correctional bullish wave and heading to 0.5910. As a result, we will continue to recommend a bullish trend in NZD/USD for the foreseeable future, waiting for positive momentum.

On the higher side, NZD/USD’s immediate resistance stays at 0.5875 or 0.5995 level. Today’s trading range is expected to be between 0.5790 support and 0.5910 resistance.

Today’s expected trend: Bullish