NZDUSD Price Analysis
Expected Scenario
NZDUSD price trades positively and attempts to surpass 0.6000$ level.
Dependence on stability of daily close below this level to suggest bearish trend continuation.
Next target is located at 0.5915$.
EMA50 acts as resistance to support the negative scenario.
The expected trading range for today is between 0.5945$ support and 0.6040$ resistance.
Trend Forecast
Bearish
Origin: Economies
