The NZDUSD price trades positively now to test the EMA50 that forms good intraday resistance against the price, and as long as the price is below 0.6000$, our bearish overview will remain valid for the upcoming period, waiting to get negative motive that assist to push the price to resume the decline that its first target located at 0.5915$.
The expected trading range for today is between 0.5910$ support and 0.6010$ resistance
Trend forecast: Bearish
Origin: Economies
