The NZDUSD pair attempted to breach the minor bearish channel’s resistance line but it settles below it again, which keeps our bearish overview valid until now, supported by the EMA50 that presses negatively on the price, waiting to visit 0.6475 mainly.
Note that the continuation of the expected decline requires holding below 0.6710.
The expected trading range for today is between 0.6590 support and 0.6710
The expected trend for today: Bearish
Origin: Economies
