The NZDUSD pair ended yesterday with clear negativity to break 0.6290 level and settle below it, starting today with additional decline to move away from this level, confirming stopping the recently suggested bullish wave to head to decline and achieve negative targets that start at 0.6205 followed by 0.6140.
Therefore, the bearish bias will be suggested for today, and breaking 0.6260 will add more confirmation to the continuation of the expected decline, while breaching 0.6290 represents positive factor that will lead the price to start new recovery attempts.
The expected trading range for today is between 0.6200 support and 0.6300 resistance
The expected trend for today: Bearish
Origin: Economies
