The NZDUSD price didn’t show any strong move yesterday, to continue fluctuating around the EMA50, thus, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 0.5738$, reminding you that our main waited target reaches 0.5540$.
The expected trading range for today is between 0.5600$ support and 0.5700$ resistance
Trend forecast: Bearish
Origin: Economies