The NZDUSD pair provided negative trades in the previous sessions, attempting to approach our waited target at 0.6870, to keep the bearish trend scenario suggested in the upcoming sessions, supported by the negative pressure formed by the EMA50.
Holding below 0.6955 is important to continue the suggested negative scenario, as breaching it will lead the price to resume the bullish track again.
The expected trading range for today is between 0.6860 support and 0.6960 resistance
The expected trend for today: Bearish
Origin: Economies
