The NZDUSD resumes the decline – Analysis - 06-07-2022

The NZDUSD pair found solid support at 0.6120, to show some bullish bias now, affected by stochastic positivity, waiting to get negative motive that assist to push the price to decline again and head towards our next main target at 0.6100.

In general, we will continue to sugges the bearish trend for the upcoming period unless breaching 0.6265 and holding above it.

The expected trading range for today is between 0.6100 support and 0.6200 resistance

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The expected trend for today: Bearish