The NZDUSD price continues to fluctuate at 0.5915$ level, waiting to break this level to confirm the continuation of the bearish trend and achieve new negative targets that start at 0.5850$ and extend to 0.5775$, supported by the negative pressure formed by the EMA50.
Note that the consolidation of 0.5915$ level against the negative pressure might push the price to rise and test 0.6000$ barrier before determining the next trend clearly.
The expected trading range for today is between 0.5860$ support and 0.5960$ resistance
Trend forecast: Bearish
Origin: Economies
