The NZDUSD price succeeded to achieve our waited target at 0.6000$, and begins today with additional bearish bias to press on this level and hint heading to achieve more expected decline in the upcoming period, targeting 0.5915$ areas as a next negative station.
Therefore, we will continue to suggest the bearish trend on the intraday basis, noting that breaching 0.6070$ will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 0.5950$ support and 0.6050$ resistance
Trend forecast: Bearish
Origin: Economies
