The NZDUSD pair broke 0.6380 level clearly and settled below it, to fall under more expected negative pressure in the upcoming period, on its way to visit 0.6320 as a next negative station.
Therefore, we expect the continuation of the domination of the bearish trend on the intraday basis, and breaking the mentioned level will push the price to 0.6260 as a next target, while breaching 0.6380 represents the key to return to the bullish track again.
The expected trading range for today is between 0.6300 support and 0.6410 resistance
The expected trend for today: Bearish
Origin: Economies
