The NZDUSD pair shows some bullish bias now, to test the EMA50 that forms good intraday resistance that supports the continuation of the recently suggested negative scenario, waiting to resume the negative trades to test 0.6210 mainly.
Therefore, we will keep our bearish overview unless breaching 0.6345 and holding above it, as breaching this level will push the price to test 0.6405 before any new attempt to decline.
The expected trading range for today is between 0.6230 support and 0.6340 resistance
The expected trend for today: Bearish
Origin: Economies
