The NZDUSD price managed to break 0.6228$ level and closed the daily candlestick below it, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming sessions, waiting to visit 0.6140$ mainly.
Moving below the EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6275$.
The expected trading range for today is between 0.6150$ support and 0.6250$ resistance
Trend forecast: Bearish
Origin: Economies