The NZDUSD pair provided additional negative trades yesterday to reach the recently recorded low at 0.6410, to stop the correctional bullish bias and head towards resuming the main bearish track again, noting that breaking the mentioned level will push the price towards 0.6300 areas on the near term basis.
Therefore, we expect to witness more expected decline in the upcoming sessions unless the price rallied to breach 0.6560 and hold above it.
The expected trading range for today is between 0.6370 support and 0.6465 resistance
The expected trend for today: Bearish
Origin: Economies
