The NZDUSD pair trades positively now affected by stochastic positivity, but as long as the price is below 0.7200, our bearish overview will remain valid for today, as breaching this level will push the price back to the main bullish track again, while the next main target of the expected bearish wave is located at 0.7000.
The expected trading range for today is between 0.7050 support and 0.7170 resistance
The expected trend for today: Bearish
Read More: Midday update for the NZDUSD 09-03-2021