The NZDUSD pair attempted to break 0.7125 level without managing to hold below it, to show some bullish bias and head towards potential test to 0.7165 level before turning back to decline again.
Until now, the bearish trend scenario still valid and active unless breaching 0.7165 followed by 0.7180 levels and holding above them, noting that our next target is located at 0.7080.
The expected trading range for today is between 0.7080 support and 0.7180 resistance
The expected trend for today: Bearish
Origin: Economies
