The NZDUSD pair found solid resistance at 0.6290, to rebound downwards clearly and hint turning to decline on the intraday basis, on its way to visit 0.6190 followed by 0.6140 areas as main negative stations.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.6290 will stop the expected decline and lead the price to resume the main bullish track again.
The expected trading range for today is between 0.6200 support and 0.6300 resistance
The expected trend for today: Bearish
Origin: Economies
