The NZDUSD pair managed to reach our waited target at 0.6700, falling under negative pressure formed by the EMA50, to support the chances of breaking the mentioned level and open the way to visit 0.6630 as a next negative target.
Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that failing to achieve the required break might push the price to achieve intraday gains and test 0.6820 areas before any new attempt to decline.
The expected trading range for today is between 0.6670 support and 0.6750 resistance
The expected trend for today: Bearish
Origin: Economies
