The NZDUSD pair managed to break 0.6275 and closed the daily candlestick below it, which supports the continuation of the expected bearish trend scenario for the upcoming period efficiently, paving the way to head towards our next target at 0.6130.
The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.6335.
The expected trading range for today is between 0.6200 support and 0.6325 resistance
The expected trend for today: Bearish
Origin: Economies
