The NZDUSD pair reached few pips away from our waited target at 0.5900, and we expect to surpass this level to open the way to achieve additional negative targets that reach 0.5850, waiting to get negative motive that assist to push the price to achieve the required break.
On the other hand, we should note that breaching 0.5960 will stop the expected decline and lea the price to recover and achieve gains that reach 0.6020 on the near term basis.
The expected trading range for today is between 0.5865 support and 0.5960 resistance
The expected trend for today: Bearish
Origin: Economies