The NZDUSD pair confirmed breaking 0.5900 level after closing the daily candlestick below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our waited targets begin at 0.5820 and extend to 0.5750.
The EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 0.5900.
The expected trading range for today is between 0.5820 support and 0.5920 resistance
The expected trend for today: Bearish
Origin: Economies
