The NZDUSD price shows some bullish bias now to move above 0.5800$ barrier, waiting to get negative motive that assist to push the price to resume the main bearish wave, as we still suggest the continuation of the bearish trend in the upcoming sessions to head towards 0.5740$ as a next main target.
The EMA50 continues to support the suggested bearish wave, reminding you that it is important to hold below 0.5860$ to continue the expected decline.
The expected trading range for today is between 0.5750 support and 0.5850$ resistance
Trend forecast: Bearish
Origin: Economies
