The NZDUSD pair trades with slight negativity since morning in attempt to head towards our first target at 0.6395, waiting for breaking this level to confirm the extension of the bearish wave towards 0.6000.
The EMA50 and stochastic are negative and support the bearish trend expectations, which will remain valid and active unless breaching 0.6550 then 0.6605 levels and holding above them.
Expected trading range for today is between 0.6300 support and 0.6550 resistance.
Expected trend for today: Bearish