The NZDUSD pair provided negative trades on last Friday and touched 0.6670 level, to fluctuate around 0.6715 level again, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the negative trades and head towards our main expected target at 0.6600.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.6770 and holding with a daily close above it.
The expected trading range for today is between 0.6640 support and 0.6760
The expected trend for today: Bearish
Origin: Economies
