The NZDUSD pair continued to provide negative trading calmly to move below the main bullish trend line after finding solid resistance at 0.7049, heading towards potential test to the key support 0.6915, noting that these levels represent important keys to the next trend, as the price needs to breach one of them to detect its next destination clearly.
Therefore, we will continue with our neutrality until now, reminding you that breaking 0.6915 will push the price to visit 61.8% Fibonacci level at 0.6780 direct, while breaching 0.7049 will lead trading to rise again, as the positive targets begin at 0.7215 and extend to 0.7484.
Expected trading range for today is between 0.6900 support and 0.7049
Expected trend for today: Depends on the above mentioned levels
Origin: Economies
