The NZDUSD pair tested 0.7100 level and keeps its stability below it, while stochastic loses its positive momentum gradually, to support the continuation of the oveall bearish trend expectations.
Therefore, we are waiting for negative trading in the upcoming sessions, and the next target is located at 0.6992, reminding you that the continuation of the bearish wave depends on holding below 0.7100 and 0.7187 levels.
Expected trading range for today is between 0.6992 support and 0.7130
Expected trend for today: Bearish