The NZDUSD pair attempted to breach 0.6140 yesterday but it returned to consolidate below it, to keep the bearish trend scenario active on the intraday basis, reminding you that our waited target is located at 0.6070.
The price needs to break 0.6110 to ease the mission of achieving the suggested target, noting that breaching 0.6140 will stop the negative scenario and push the price to build bullish wave that targets visiting 0.6228 mainly.
The expected trading range for today is between 0.6060 support and 0.6170 resistance
The expected trend for today: Bearish
Origin: Economies
