NZDUSD Price Analysis
Expected Scenario
The NZDUSD price shows more bearish bias to reach the first waited target at 0.6140$, and we suggest the continuation of the negative trades to break this level and open the way to head towards 0.6070$ as a next target.
Therefore, the bearish trend will remain valid for the upcoming period, noting that the consolidation of 0.6140$ against the current negative pressure will push the price to start recovery attempts and head to test 0.6228$ before any new attempt to decline.
Expected Trading Range
Between 0.6090$ support and 0.6290$ resistance
Trend Forecast: Bearish
Origin: Economies
