The NZDUSD pair succeeded to achieve our waited target at 0.6210 and found solid support there, to head towards potential test to the intraday bearish channel’s resistance that appears on the chart, waiting to resume the main bearish wave that its next target extends to 0.6150 areas.
Therefore, we will continue to suggest the overall bearish trend, noting that breaching 0.6305 will lead the price to achieve intraday gains and test 0.6405 areas before any new attempt to decline.
The expected trading range for today is between 0.6170 support and 0.6280 resistance
The expected trend for today: Bearish