The NZDUSD pair managed to break 0.7140 level to decline clearly and approach the first waited target at 0.7090, and we expect to surpass this level to head towards the next negative station at 0.7050.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.7140 and 0.7175 levels.
The expected trading range for today is between 0.7050 support and 0.7140 resistance
The expected trend for today: Bearish
Origin: Economies
