The NZD/USD currency pair is currently exhibiting a slight bearish bias, as it awaits further positive momentum to support a potential breach of the $0.6070 mark. A successful breakout above this level could pave the way for additional gains, targeting the $0.6140 level.
In light of this, we maintain our bullish outlook for the near term, unless the pair breaks below the $0.6025 level, followed by a drop below $0.6000, which would indicate a shift in sentiment.
For today, we anticipate the trading range to be between the support level at $0.6000 and the resistance level at $0.6100.
Trend Forecast: Bullish
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