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The NZDUSD pair faces negative pressure to attack 0.6290 level and attempts to hold below it, which urges caution from the upcoming trading, as the price needs to consolidate above this level to keep the positive scenario active, which its next targets located at 0.6385 followed by 0.6440.
Note that breaking 0.6290 and holding below it will put the price under negative pressure that its targets begin by testing 0.6235.
The expected trading range for today is between 0.6250 support and 0.6370 resistance
The expected trend for next day: Bullish
Note that breaking 0.6290 and holding below it will put the price under negative pressure that its targets begin by testing 0.6235.
The expected trading range for today is between 0.6250 support and 0.6370 resistance
The expected trend for next day: Bullish
