The NZDUSD pair broke the bearish flag’s support line strongly and settled below it, to get negative motive that we are waiting to assist to push the price to head towards our main expected target at 0.6140.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.6250 and the most important below 0.6290, noting that the EMA50 continues to support the expected bearish wave.
The expected trading range for today is between 0.6170 support and 0.6280 resistance
The expected trend for today: Bearish
Origin: Economies
