The NZDUSD pair shows calm negative trades to move away from 0.5900 level, reinforcing the expectations of continuing the bearish trend in the upcoming period, reminding you that our waited targets begin at 0.5850 and extend to 0.5800.
Moving below the EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.5900.
The expected trading range for today is between 0.5820 support and 0.5910 resistance
The expected trend for today: Bearish
Origin: Economies
