The NZDUSD pair achieved more decline yesterday to surpass the suggested negative target at 0.6257 and settles below it, but it begins today with clear positivity to hint the attempt to regain the correctional bullish trend, to stay aside until the price confirms its situation according to the mentioned level, which represents the next trend key.
Note that breaching 0.6257 will push the price to resume the bullish wave and achieve gains that start at 0.6320 extend to 0.6380, while failing to breach it will put the price under additional negative pressure that targets 0.6180 areas initially.
The expected trading range for today is between 0.6180 support and 0.6310 resistance
The expected trend for today: Neutral
Origin: Economies
