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The NZD/USD pair is trading within a tight range. As long as the price remains below $0.5915, the bearish outlook will continue to be valid and supported by the EMA50. The next primary targets for this downward trend are set at $0.5850 and potentially extending to $0.5775.
The expected trading range for today is between $0.5830 (support) and $0.5935 (resistance).
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Trend Forecast: Bearish
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