The NZDUSD pair provided positive trades yesterday to test the key resistance 0.6426, as it keeps its stability below it until now, noticing that stochastic overlaps negatively now, which supports the chances of resuming the expected bearish trend on the intraday and short term basis, which its first target located at 0.6340.
Holding below 0.6426 is important to continue the expected decline, as breaching it will push the price to achieve new gains that start at 0.6495 and extend to 0.6565.
The expected trading range for today is between 0.6340 support and 0.6460
The expected trend for today: Bearish