NZDUSD Price Analysis
The NZDUSD price begins to press on the key support at 0.6000$.
Breaking this level may confirm the continuation of the bearish trend and target 0.5915$.
We continue to suggest the bearish trend for the upcoming period, supported by the negative pressure from the EMA50.
Consolidation of the current support against negative pressure may lead to intraday gains and a test of the 0.6070$ level before any new negative attempt.
The expected trading range for today is between 0.5930$ support and 0.6040$ resistance.
Trend forecast: Bearish
Origin: Economies
