NZDUSD

The price has remained calm with negative sentiment since yesterday, moving away from the $0.6140 level, reinforcing expectations of a continued bearish trend.

It is awaiting entry into $0.6070 as the next major target, supported by the negative pressure formed by the EMA50. Note that the continuation of the bearish wave conditions remains below $0.6140.

Expected trading range

Between the $0.6060 support and $0.6260 resistance.

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