The NZDUSD price faces negative pressure to break 0.6228$ level and settles below it, which pushes the price to turn to decline on the intraday basis and head to achieve negative targets that reach 0.6140$.
Therefore, we expect to witness more bearish bias in the upcoming sessions, noting that breaching 0.6228$ will reactivate the main positive scenario and pave the way to achieve new gains that reach 0.6368$.
The expected trading range for today is between 0.6150$ support and 0.6250$ resistance
Trend forecast: Bullish
Origin: Economies
