The NZDUSD within tight track – Analysis - 07-06-2023
Economies.com
2023-06-07 04:04AM UTC
The NZDUSD pair fluctuates within sideways and tight track since yesterday, settling around 0.6070 level, thus, no change to the expected bearish trend for the upcoming period, which targets testing 0.6020 as a first station.
Note that breaking the targeted level will push the price to 0.5900 areas on the near term basis, while the bearish trend will remain valid unless the price rallied to breach 0.6140 and hold above it.
The expected trading range for today is between 0.6010 support and 0.6125 resistance
The expected trend for today: Bearish
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