The NZDUSD pair shows calm bearish bias to approach 0.6400 barrier, and continues to move inside the intraday bearish channel, while the EMA50 forms continuous negative pressure against the price.
Therefore, our bearish overview will remain valid and active unless breaching 0.6480 level and holding above it.
The expected trading range for today is betwenen 0.6350 support and 0.6460
The expected trend for today: Bearish