Midday update for NZDUSD 19-05-2017

The NZDUSD pair keeps its stability below the bearish channel's resistance, which keeps the bearish trend scenario active for the upcoming period, especially that stochastic moves near the overbought areas, waiting to target 0.6780 areas initially, noting that breaching 0.6915 followed by 0.6940 levels will push the price to achieve positive targets that start at 0.7049 and extend to 0.7215.

Expected trading range for today is between 0.6780 support and 0.6940

Expected trend for today: Bearish