The NZDUSD pair settles below 0.6070 level, to keep the bearish trend scenario active for the upcoming period, which its next target located at 0.6000.
Stochastic begins to lose the positive momentum to support the expectations to decline today, noting that breaching 0.6070 will push the price to achieve intraday gains that target visiting 0.6140 before any new attempt to decline.
The expected trading range for today is between 0.6010 support and 0.6110 resistance
The expected trend for today: Bearish
Origin: Economies
