The NZDUSD pair provided clear negative trades yesterday to approach our waited target at 0.6690, moving inside bearish channel that supports the chances of surpassing this level to open the way to achieve more negative targets, which reach 0.6600 followed by 0.6530.
Therefore, the bearish trend scenario will remain dominant in the upcoming sessions unless the price rallied to breach 0.6790 and hold above it.
The expected trading range for today is between 0.6670 support and 0.6780 resistance
The expected trend for today: Bearish
Origin: Economies