The NZDUSD pair tests the bearish channel’s resistance now, accompanied by witnessing negative signals through stochastic, waiting to motivate the price to resume the main bearish trend, which targets 0.6800 followed by 0.6700 levels mainly.
Therefore, we will continue to suggest the bearish trend conditioned by the price stability below 0.6890.
The expected trading range for today is between 0.6780 support and 0.6890 resistance
The expected trend for today: Bearish
Origin: Economies
