The NZDUSD pair managed to touch our waited target at 0.7160 and 0.7147, showing some bearish bias now that hints the price head to surpass the last level followed by opening the way to extend the correctional bearish wave, to head towards visiting 0.7045 as a next target.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless the price rallied to breach 0.7235 and hold above it.
The expected trading range for today is between 0.7090 support and 0.7200
The expected trend for today: Bearish
Origin: Economies
