The NZDUSD pair crawls downwards and reach 0.5900 level, moving within bearish channel that supports the chances of surpassing this level and open the way to extend the bearish wave on the intraday and short-term basis, reminding you that our next stations reach 0.5840 followed by 0.5750.
Therefore, the bearish trend will remain suggested for the upcoming period conditioned by the price stability below 0.5995 and 0.6020 levels.
The expected trading range for today is between 0.5860 support and 0.5960 resistance
The expected trend for today: Bearish
Origin: Economies
