The NZDUSD pair shows clear positive trades now to approach testing 0.6654 level, accompanied by stochastic loss to the positive momentum and reach the overbought areas, while the EMA50 continues to form the negative pressure against the price.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which conditions holding below 0.6654, while our next target is located at 0.6515.
The expected trading range for today is betwenen 0.6560 support and 0.6680
The expected trend for today: Bearish