The NZDUSD price continues to decline to touch our first waited target at 0.5835$, waiting for more decline to head towards the previously recorded low at 0.5775$ as a next negative station.
Therefore, we will continue to suggest the bearish trend for the upcoming period, organized inside the bearish channel that appears on the chart, noting that it is important to hold below 0.5915$ to continue the expected decline.
The expected trading range for today is between 0.5785$ support and 0.5880$ resistance
Trend forecast: Bearish
Origin: Economies
