The NZDUSD pair confirms breaking 0.6654 level after closing the daily candlestick below it, which reinforces the expectations of continuing the bearish trend on the intraday and short term basis, and the way is open to achieve our next target at 0.6515.
The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 0.6654 – 0.6665 levels.
The expected trading range for today is betwenen 0.6560 support and 0.6680
The expected trend for today: Bearish
Origin: Economies