The NZDUSD pair closed the last daily candlestick below 0.6140 level, starting today with clear negativity to move away from this level, which pushes the price to turn to decline on the intraday basis, on its way to head towards 0.6020 areas mainly.
Therefore, the bearish bias will be expected for today unless the price managed to breach 0.6140 and hold above it.
The expected trading range for today is between 0.6060 support and 0.6160 resistance
The expected trend for today: Bearish
Origin: Economies
