The NZDUSD pair shows more bearish bias to gradually approach our waited negative target at 0.6140, and it is important to monitor the price when reaching this level, as breaking it will push the price to achieve more bearish correction that its next target reaches 0.6020.
Therefore, the bearish trend will remain expected for the upcoming period, taking into consideration that breaching 0.6210 is considered as initial positive key to attempt to recover and head to achieve gains that start by testing 0.6290 areas.
The expected trading range for today is between 0.6120 support and 0.6240 resistance
The expected trend for today: Bearish
Origin: Economies
