The NZDUSD pair opens today’s trading with clear positivity attempting to return to the bullish channel, but it rebounds bearishly now to resume the recently suggested bearish trend, supported by stochastic reach to the overbought areas.
Therefore, we will keep our bearish overview that depends on the stability of the daily close below 0.6790 level, waiting to head towards our main targets that begin at 0.6698 and extend to 0.6860.
Expected trading range for today is between 0.6680 support and 0.6860
Expected trend for today: Bearish
Origin: Economies
