. There is still a possibility of temporary retracement to suggested resistance line (0.6030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. NZDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 40 .
TP1= @ 0.5940
TP2= @ 0.5847
TP3= @ 0.5588
SL: Break Above R2