The NZDUSD pair continues to fluctuate below 0.7000, to keep the negative pressure valid for the upcoming period, supported by the EMA50, reminding you that our next target is located at 0.6895.
Note that breaching 0.7000 and holding above it is considered as an initial positive key to start recovery attempts and regain the main bullish trend again.
The expected trading range for today is between 0.6910 support and 0.7040 resistance
The expected trend for today: Bearish
Origin: Economies