NZDUSD Price Analysis
Expected Scenario
The NZDUSD price ended last Friday below 0.6140$ level, which supports the continuation of the expected bearish wave on the intraday basis, to open the way to head towards our waited target at 0.6070$.
Therefore, we are waiting for more expected decline in the upcoming sessions, supported by the EMA50, noting that holding below 0.6140$ is required to guarantee the continuation of the expected bearish trend.
Expected Trading Range
Between 0.6080$ support and 0.6270$ resistance.
Trend Forecast: Bearish
Origin: Economies
