The NZDUSD price didn’t show any strong move yesterday, as it fluctuates within tight range below 0.6070$, thus, no change to the expected bearish trend scenario on the intraday basis, which depends on the price stability below the mentioned level, supported by the EMA50 that presses negatively on the price, reminding you that our main waited target is located at 0.6000$.
The expected trading range for today is between 0.6000$ support and 0.6100$ resistance
Trend forecast: Bearish
Origin: Economies
