The NZDUSD pair begins today’s trading with bullish bias to approach from the key resistance at 0.7329, while stochastic continues to move near the overbought areas, forming negative factor that we are waiting to assist to push the price to resume the negative trading again, which its main targets begin at 0.7100 and extend to 0.7000.
Therefore, the bearish trend will remain suggested in the upcoming sessions conditioned by the price stability below 0.7329.
Expected trading range for today is between 0.7150 support and 0.7329
Expected trend for today: Bearish
Origin: Economies
