The NZDUSD pair begins today with clear negativity to break 0.7000 and settles below it, which leads the price to turn to decline and head to achieve negative targets that start at 0.6905.
Moving below the EMA50 supports the expected decline, which will remain valid unless breaching 0.7000 and holding above it.
The expected trading range for today is between 0.6910 support and 0.7020 resistance
The expected trend for today: Bearish
Origin: Economies