The NZDUSD pair retested 0.7285 level that was broken previously to turn into key resistance now, resuming its negative trading on its way to visit 0.7200 that represents our next main target.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 0.7338 level and holding above it, noting that the EMA50 keeps supporting the suggested bearish wave.
Expected trading range for today is between 0.7150 support and 0.7338
Expected trend for today: Bearish
Origin: Economies
