The NZDUSD pair trades positively to move around 0.6130 level, noticing that stochastic lost its positive momentum and begins to provide negative signals now, waiting to motivate the price to resumet he main bearish wave, which its targets begin at 0.6100 and extend to 0.6010 after breaking the previous level.
Therefore, we will continue to suggest the bearish wave unless the price rallied to breach 0.6210 and hold above it.
The expected trading range for today is between 0.6060 support and 0.6170 resistance
The expected trend for today: Bearish
Origin: Economies
