The NZDUSD pair shows sideways trading since morning and moves near 0.7800, while stochastic offers positive signal that causes the current sideways trading.
In general, the bearish trend scenario remains valid and active until now depending on holding below 0.7905 level, waiting to break 0.7720 level to confirm heading towards 0.7330 areas on the near term.
Expected trading range for today is between: 0.7650 support and 0.7865 resistance.
Expected trend for today: Bearish