NZDUSD Price Analysis
Expected Scenario
The NZDUSD price didn’t show any strong move yesterday, and settles near 0.6000$ barrier, thus, no change to the expected bearish trend for the upcoming period, depending on the formation of negative pattern that its signs appear on the chart, waiting to break 0.5980$ to confirm heading towards 0.5915$ as a next target, noting that breaching 0.6070$ will stop the expected decline and lead the price to turn to rise.
Expected Trading Range
Between the support at 0.5950$ and the resistance at 0.6050$
Trend Forecast: Bearish
Origin: Economies
