The NZDUSD pair fluctuates within sideways and tight track around 0.6424 level, and the EMA50 forms good negative pressure against the price, to keep the chances valid to resume the correctional bearish trend, which its next target located at 0.6328.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.6450 level and holding above it.
The expected trading range for today is between 0.6350 support and 0.6480
The expected trend for today: Bearish