The NZDUSD pair approached the extended target at 0.6020 but it bounced bearishly to turn to decline on the intraday basis, on its way to visit 0.5900 support line in the upcoming sessions.
Therefore, we expect to witness more bearish bias in the upcoming sessions unless the price rallied to breach 0.602 and hold above it.
The expected trading range for today is between 0.5900 support and 0.6000 resistance
The expected trend for today: Bearish
Origin: Economies
