The NZDUSD pair retested the broken neckline of the double top pattern and bounced bearishly from there, to keep the negative effect of this pattern active, waiting to resume the bearish bias to visit 0.6690 that represents our next target.
Stochastic provides negative signals that support the expected decline, which conditions holding below 0.6790.
The expected trading range for today is between 0.6700 support and 0.6800 resistance
The expected trend for today: Bearish
Origin: Economies
