The NZDUSD pair broke 0.6735 level clearly and settles below it now, reinforcing the expectations of continuing the bearish trend in the upcoming period, on its way to continue the decline and head to visit 0.6650 that represents our next target.
Therefore, we expect to witness more decline in the upcoming sessions, noting that holding below 0.6735 is important to continue the suggested negative scenario.
The expected trading range for today is between 0.6660 support and 0.6765 resistance
The expected trend for today: Bearish
Origin: Economies
