The NZDUSD pair still stuck between the trend confirmation levels represented by 0.5900 support and 0.5935 resistance, which keeps our neutrality valid until now, waiting to breach one of these levels to detect the next targets clearly.
We remind you that breaking the mentioned support will put the price under negative pressure that its targets begin at 0.5800 and extend to 0.5750, while breaching the resistance represents positive factor that will motivate the price to achieve gains that reach 0.6020.
The expected trading range for today is between 0.5870 support and 0.5990 resistance
The expected trend for today: Neutral
Origin: Economies
