The NZDUSD pair ended yesterday below 0.7000, to head towards resuming the recently suggested bearish trend, waiting to head towards 0.6895 level that represents the next main target.
The EMA50 forms negative pressure to support the expectations to decline, noting that it is important to hold below 0.7000 to achieve the suggested targets.
The expected trading range for today is between 0.6930 support and 0.7020 resistance
The expected trend for today: Bearish
Origin: Economies
