The NZDUSD pair shows some bullish bias to test the resistance barrier formed at 0.6275, and keeps its stability below it until now, to keep the bearish trend scenario valid, waiting to resume the bearish bias to head towards 0.6130 as a next main target.
On the other hand, we should note that breaching 0.6275 will stop the correctional bearish scenario and lead the price to resume the main bullish trend again.
The expected trading range for today is between 0.6200 support and 0.6300 resistance
The expected trend for today: Bearish
Origin: Economies
