The NZDUSD pair resumes its negative trades clearly to break the intraday bullish channel’s support line and approaches our waited negative target at 0.6700, and we expect to the continuation of the bearish bias to surpass this level and open the way to head towards 0.6630 as a next target.
Therefore, our bearish overview will remain valid and active unless breaching 0.6820 and holding above it.
The expected trading range for today is between 0.6670 support and 0.6770 resistance
The expected trend for today: Bearish
Origin: Economies