The NZDUSD pair fluctuates negatively and gradually approaches the waited target at 0.5900, and it needs to get strong negative motive that assist to push the price to continue the decline, noting that breaking the mentioned level will extend the bearish wave to reach 0.5840 followed by 0.5750 levels.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 0.6020 and holding above it.
The expected trading range for today is between 0.5900 support and 0.6000 resistance
The expected trend for today: Bearish
Origin: Economies
