The NZDUSD pair continues to decline to gradually approach our waited target at 0.5900, and we expect the continuation of the bearish bias to surpass this level and achieve additional negative targets that reach 0.5850.
The EMA50 keeps supporting the suggested bearish wave, reminding you that it is important to hold below 0.5995 for its continuation.
The expected trading range for today is between 0.5880 support and 0.5995 resistance
The expected trend for today: Bearish
Origin: Economies