The NZDUSD pair bounced bearishly after approaching from retesting 0.6781 level yesterday, to manage to touch our first main target at 0.6698, getting negative signal by stochastic and the EMA50, to keep our bearish overview valid efficiently for the upcoming period, waiting to confirm breaking the mentioned level to extend the bearish wave towards 0.6614.
In general, the bearish bias will remain suggested unless breaching 0.6781 followed by 0.6855 levels and holding above them.
Expected trading range for today is between 0.6600 support and 0.6800
Expected trend for today: Bearish
Origin: Economies
