The NZDUSD pair shows bearish rebound signals now to support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by testing 0.6915 level, reminding you that breaking this level will extend the negative trading to reach 0.6780 as a next main target.
Therefore, we will keep our bearish overview for the upcoming sessions unless breaching 0.7049 level and holding above it, noting that stochastic loses its positive momentum gradually to support our expectations to decline for today.
Expected trading range for today is between 0.6860 support and 0.7049
Expected trend for today: Bearish