The NZDUSD pair touched 0.6377 level and shows a bullish bias from there, and it might test the intraday bearish channel’s resistance that appears in the image before resuming the expected bearish wave.
In general, we will keep our bearish trend expectations unless breaching 0.6480 level and holding above it, reminding you that our next target extends to 0.6300.
The expected trading range for today is between 0.6300 support and 0.6420
The expected trend for today: Bearish