The NZDUSD pair continues the decline, organized within a bearish channel that appears in the image, noticing that stochastic provides a negative overlapping signal now, motivating the price to provide more of the expected negative trading in the upcoming perio.
Therefore, we keep preferring the beraihs trend for today, reminding you that our next target at 0.6270, while achieving it requires holding below 0.6390 level.
The expected trading range for today is between 0.6270 support and 0.6370
The expected trend for today: Bearish