The NZDUSD price managed to touch 0.5800$ and finds solid support there, waiting to break this level to confirm the continuation of the bearish wave and head towards our next target that reaches 0.5740$.
Therefore, the bearish trend scenario will remain valid and active, noting that breaching 0.5860$ will push the price to achieve intraday gains and test 0.5935$ areas before any new attempt to decline.
The expected trading range for today is between 0.5750 support and 0.5850$ resistance
Trend forecast: Bearish
Origin: Economies
