The NZDUSD price fluctuates within tight range since yesterday, thus, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 0.6000$, supported by the negative pressure formed by the EMA50 now, reminding you that our next target is located at 0.5915$.
The expected trading range for today is between 0.5910$ support and 0.6000$ resistance
Trend forecast: Bearish
Origin: Economies