The NZDUSD pair succeeded to achieve our waited target at 0.6185 and closed the last daily candlestick below it, to pave the way to continue the bearish trend on the intraday and short term basis, and we expect to head towards 0.6140 followed by 0.6060 levels as next main stations.
Therefore, the bearish trend scenario will remain dominant, taking into consideration that failing to consolidate below 0.6185 might push the price to start recovery attempts that target testing 0.6260 areas before any new attempt to decline.
The expected trading range for today is between 0.6120 support and 0.6230 resistance
The expected trend for today: Bearish