The NZDUSD pair started today with additional positive trades to attack 0.6290 level, but it declines again to settle below it, to keep the bearish trend active until now, supported by stochastic negativity, waiting to head towards 0.6200 followed by 0.6140 levels as next main targets.
Breaking 0.6260 will ease the mission of achieving the suggested targets, reminding you that the continuation of the bearish wave depends on the price stability below 0.6290.
The expected trading range for today is between 0.6220 support and 0.6310 resistance
The expected trend for today: Bearish
Origin: Economies
