The NZDUSD pair shows slight bearish bias to move away from 0.5900 level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 0.5820 followed by 0.5750 levels as next main stations.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 0.5900 and holding above it.
The expected trading range for today is between 0.5810 support and 0.5900 resistance
The expected trend for today: Bearish
Origin: Economies
