The NZDUSD price faces difficulty to continue the rise, to decline again and start pressing on the key support 0.6000$, which hints heading to resume the bearish track, and we prefer to stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly.
Note that continuing the decline and breaking the mentioned support will push the price to achieve negative targets that reach 0.5915$, while consolidating above it will lead the price to build bullish wave that targets 0.6070$ areas mainly.
The expected trading range for today is between 0.5940$ support and 0.6040$ resistance
Trend forecast: Neutral
Origin: Economies
