The NZDUSD price faces negative pressure to break the correctional bullish channel’s support line and settle below it, which pushes the price to turn to decline in the upcoming sessions and stop the correctional bullish scenario, supported by moving below the EMA50.

The AUDUSD price traded negatively yesterday to break 0.6322$ and close the daily candlestick below it, to stop the correctional bullish scenario and fall under expected negative pressure in the upcoming sessions, on its way to achieve negative targets that start at 0.6240$ and extend to 0.6130$.

Brent oil price provided new negative trades to approach our first waited target at 72.20$, and continues to move inside the main bearish channel that appears on the chart, which supports the chances of continuing the bearish trend on the intraday and short-term basis, supported by the EMA50.

Crude oil price provided additional negative trades yesterday, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming sessions, affected by the RSI positivity that hinders the mission to continue the decline now.