The EURNZD price returned to activate the bullish attempts by stochastic rally towards the overbought areas, to surpass 1.7980 level and start recording some gains by rallying towards 1.8095.

Facing continuous positive pressures will allow the price to attack 1.8145 resistance line, noting that surpass it will confirm moving to new bullish track to manage to achieve additional gains by rallying towards 1.8210 and 1.8290 levels.

The expected trading range for today is between 1.8000 and 1.8145

Trend forecast: Bullish