The NZDUSD pair found solid support at 0.6890, as it forced it to rebound bullishly, and it might test the minor resistance 0.6945 before turning back to decline again.
In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.6990 and holding above it, noting that the EMA50 supports the suggested negative scenario, which its next main target located at 0.6805.
The expected trading range for today is between 0.6860 support and 0.6960 resistance
The expected trend for today: Bearish
Origin: Economies
