The NZDUSD pair reached few pips away from our waited target at 0.6380, and bounced bearishly after facing horizontal resistance that forced the price to stop the bullish wave, to head towards achieving negative targets that we expect to start at 0.6305 and extend to 0.6230.
Therefore, we expect to witness more decline in the upcoming sessions unless breaching 0.6375 and holding above it.
The expected trading range for today is between 0.6290 support and 0.6375 resistance
Origin: Economies
