The NZDUSD pair returns to decline after approaching from 0.6426 level yesterday, supported by the negative signal that comes from stochastic now, waiting for more of the bearish bias in the upcoming sessins, where our initial target at 0.6340.
Reminding you that breaking the targeted level will extend the bearish wave to reach 0.6285 then 0.6205 on the near term basis, while the expected decline will remain valid unless breaching 0.6426 level and holding above it.
The expected trading range for today is between 0.6320 support and 0.6440
The expected trend for today: Bearish