NZD/USD Price Analysis: Bears eye a downside continuation NZDUSD Currencies Technical Analysis
NZD/USD has broken structure and bears now eye lower lows.
bears are in the market and breaking structures with eyes on lower lows for the days ahead as the following analysis will illustrate. The bulls are gathered, however, and a correction could be on the cards in the meanwhile. We have the price coming up towards the 0.6080s which could prove to be a tough resistance area. 0.6112 would prove to be key after there. If bulls commit, then a move toward 0.6180s could be on the cards.
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