The NZDUSD pair found solid support at 0.7034, to show some bullish bias now, affected by stochastic positivity, and it might test 0.7080 resistance before turning back to decline again.
Until now, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.7080, noting that breaking 0.7034 is required to confirm heading towards 0.6950 that represents the next correctional target.
The expected trading range for today is between 0.6970 support and 0.7110
The expected trend for today: Bearish
Origin: Economies
