The NZDUSD pair shows sideways trading and settles around 0.6650, while stochastic continues to lose the positive momentum, waiting to motivate the price to resume the bearish bias and break 0.6625 level to reinforce the chances of extending the correctional bearish wave towards 0.6544.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.6685 level and holding above it.
The expected trading range for today is between 0.6580 support and 0.6680
The expected trend for today: Bearish