The NZDUSD pair could not manage to hold for long time above 0.6480, to trade negatively and settles below this level, which pushes the price ot decline in the upcoming sessions, on its way to test the previously recorded low at 0.6377 as a first station.
Therefore, we expect witnessing negative trading in the upcoming period unless the price breached 0.6480 level and settled with a daily close above it.
The expected trading range for today is betwenen 0.6400 support and 0.6520
The expected trend for today: Bearish
Origin: Economies
