The NZDUSD price resumed its negative trading strongly after the attempt to breach 0.6000$ yesterday, to approach our first waited target at 0.5915$, and the way seems open to break this level to achieve additional negative targets that reach 0.5850$.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.6000$ and hold above it.
The expected trading range for today is between 0.5860$ support and 0.5990$ resistance
Trend forecast: Bearish
Origin: Economies