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 0.5850$, noting that the EMA50 forms negative pressure that supports the chances of continuing the expected decline, reminding you that our targets begin at 0.5740$ and extend to 0.5670$ after breaking the previous level.
The expected trading range for today is between 0.5720 support and 0.5810$ resistance
Trend forecast: Bearish
Origin: Economies
