The NZDUSD pair continues to decline to surpass 0.6295 level and approach our extended target at 0.6210, reinforcing the expectations of continuing the bearish trend, noting that breaking the last level will extend the bearish wave to reach 0.6130 as a next negative station.
Note that breaching 0.6325 will stop the expected decline and lead the price to achieve some bullish correction before turning back to decline again.
The expected trading range for today is between 0.6200 support and 0.6300 resistance
Origin: Economies
