The NZDUSD pair broke 0.6780 level clearly by today’s open, to activate the negative scenario on the intraday basis, on its way to visit 0.6700 as a first negative station.
Therefore, we expect to witness more decline in the upcoming sessions, noting that breaching 0.6820 will stop the expected decline and lead the price to start intraday recovery attempts.
The expected trading range for today is between 0.6700 support and 0.6800 resistance
The expected trend for today: Bearish
Origin: Economies
