Market Analysis for NZDUSD Price The NZDUSD price shows more decline to gradually approach our waited target at 0.5915$, with the potential to surpass this level and achieve additional negative targets on the longer-term basis. The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless the price rallies to breach 0.6000$ and hold above it. Trading Range Forecast The expected trading range for today is between 0.5890$ support and 0.5990$ resistance.

Trend forecast: Bearish