The NZD/USD under the negative pressure – Analysis – 01/06/2022

nzd_1_newsThe NZDUSD pair broke 0.6525 level clearly and ended yesterday below it, to turn to decline on the intraday basis, targeting 0.6465 followed by 0.605 levels as next negative stations.

Therefore, the bearish bias will be suggested for today unless the price managed to breach 0.6525 and hold above it.

The expected trading range for today is between 0.6450 support and 0.6550 resistance

Origin: Economies

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