NZDUSD Price Analysis
Expected Scenario
The NZDUSD price couldn’t manage to breach 0.6140$, to rebound bearishly and start a bearish wave that we expect to target 0.6070$, making the bearish bias suggested in the upcoming sessions.
Holding below 0.6140$ keeps the expected decline valid, as breaching it represents the key to rally to achieve new gains that reach 0.6228$ on the near-term basis.
Expected Trading Range
Between 0.6060$ support and 0.6160$ resistance.
Trend Forecast: Bearish
Origin: Economies
