The NZDUSD pair settles below 0.5900 level, waiting to resume the bearish wave that targets 0.5850 followed by 0.5800 levels as next main stations.
Stochastic begins to lose the positive momentum to support the expectations to decline, reminding you that it is important to hold below 0.5900 to continue the suggested negative scenario.
The expected trading range for today is between 0.5835 support and 0.5930 resistance
The expected trend for today: Bearish
Origin: Economies
