The NZDUSD pair faces clear negative pressure by today’s open to break the intraday bullish trend line and turn to decline, on its way to test 0.6210 as a first negative target, noting that breaking this level will extend the bearish wave to reach 0.6150 followed by 0.6100 levels as next main stations.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 0.6345 and holding above it.
The expected trading range for today is between 0.6210 support and 0.6310 resistance
The expected trend for today: Bearish