The NZDUSD pair continues to fluctuate around 0.6275, waiting to get new negative motive that pushes the price to resume the correctional bearish trend, which targets 0.6130 as a next station.
Therefore, we will continue to suggest the bearish trend affected by the previously completed head and shoulders’ pattern conditioned by the price stability below 0.6335.
The expected trading range for today is between 0.6200 support and 0.6335 resistance
The expected trend for today: Bearish
Origin: Economies
