The NZDUSD pair succeeded to achieve our waited target at 0.6890 and surpassed it to settle below it, to open the way to achieve more expected decline in the upcoming period, targeting visiting the recently recorded low at 0.6805 as a next station.
Therefore, the bearish bias will remain dominant, noting that breaching 0.6890 might push the price to test 0.6990 areas before any new attempt to decline.
The expected trading range for today is between 0.6820 support and 0.6920 resistance
The expected trend for today: Bearish
Origin: Economies
