The NZDUSD pair couldn’t manage to hold for long time above 0.7905 level to begin testing the key support 0.7870, and as we mentioned this morning, our neutrality will remain valid until the price confirms the next trend through breaking the mentioned support or breaching 0.7955 resistance.
To get more details about the expected targets after the breach, please review our morning report.
Expected trading range for today is between: 0.7800 support and 0.8000 resistance.
Expected trend for today: Neutral