The NZDUSD pair found difficulty to surpass 0.6020 level, to hint heading to decline in the upcoming sessions, targeting testing 0.5900 level initially.
Therefore, we expect to witness more bearish bias on the intraday basis, noting that breaching 0.6020 will stop the expected decline and lead the price to achieve additional gains that reach 0.6140.
The expected trading range for today is between 0.5920 support and 0.6030 resistance
The expected trend for today: Bearish
Origin: Economies