The NZDUSD pair begins to press on the mentioned rising wedge’s support in our morning report, which supports the continuation of our bearish trend expectations efficiently for today, waiting for more of the downside moves to target 0.6260 then 0.6200 levels as next main stations, reminding you that holding below 0.6355 is important for the continuation of the expected decline.
The expected trading range for today is between 0.6260 support and 0.6350
The expected trend for today: Bearish