The NZDUSD price shows more bearish bias that supports the expectations of continuing the bearish trend on the intraday and short-term basis, organized inside the bearish channel that has negative targets that surpass 0.5775$ to reach 0.5720$.
Therefore, we will continue to suggest the bearish trend for the upcoming period, reminding you that it is important to hold below 0.5915$ to achieve the waited targets.
The expected trading range for today is between 0.5810$ support and 0.5910$ resistance
Trend forecast: Bearish
Origin: Economies