The NZDUSD pair retested the previously broken support of the rising wedge pattern and bounced bearishly from there, accompanied by witnessing clear negative signals through stochastic, which supports the continuation of our bearish overview efficiently for the upcoming period, targeting 0.7100 followed by 0.6990 levels mainly.
Therefore, the bearish bias will remain suggested conditioned by the price stability above 0.7329 level.
Expected trading range for today is between 0.7150 support and 0.7350
Expected trend for today: Bearish