The NZDUSD pair declined strongly in the previous sessions to manage to touch our waited target at 0.6945 and settles there, and we believe that the way is open to break this level and open the way to achieve more decline on the short term and medium term basis, to extend the next target to 0.6810.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.6995.
The expected trading range for today is between 0.6870 support and 0.7000 resistance
The expected trend for today: Bearish
Origin: Economies
