The NZDUSD pair trades with clear negativity since yesterday after approaching 0.6700 barrier, which hints that the price is on its way to resume the main bearish trend in the upcoming period, and it needs to break 0.6610 level to confirm opening the way to achieve negative targets that start at 0.6500 and extend to 0.6400.
Therefore, the bearish bias will be suggested for today unless breaching 0.6710 level and holding above it.
Expected trading range for today is betwenen 0.6550 support and 0.6710
Expected trend for today: Bearish
Origin: Economies
