The NZDUSD pair managed to return to the bearish channel that appears on the chart, to support the chances of continuing the bearish trend on the intraday and short term basis, and the way is open to achieve our next target at 0.6800, reminding you that breaking this level will push the price to 0.6700.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6890.
The expected trading range for today is between 0.6770 support and 0.6890 resistance
The expected trend for today: Bearish
Origin: Economies
