The NZDUSD pair managed to touch our first waited target at 0.7165 and shows bullish bias now, to head towards potential test to the key resistance 0.7220, waiting to resume the correctional bearish trend that its next target located at 0.7125.
In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7220 level and holding above it.
The expected trading range for today is between 0.7130 support and 0.7220 resistance
The expected trend for today: Bearish
Origin: Economies