The NZDUSD price opens today with clear negativity to approach our waited target at 0.6070$, and we suggest breaking this level to achieve additional negative targets that extend to 0.6000$ on the near-term basis.
Therefore, the bearish trend will remain valid for the upcoming period, noting that breaching 0.6140$ will stop the current bearish wave and lead the price to start recovery attempts on the intraday basis.
The expected trading range for today is between 0.6030$ support and 0.6130$ resistance
Trend forecast: Bearish
Origin: Economies
