The NZDUSD pair managed to break 0.7112 level and closed the last four hours' candlestick below it, which confirms opening the way to head towards the next correctional level at 0.7049, to keep the decline suggested for the rest of the day.
Carefully note that it is important to monitor the price behavior when reaching the targeted level, as breaking it will extend the pair's losses to 0.6972 as a next main station, while the bearish bias will remain suggested unless the price managed to breach 0.7174 level and hold above it.
Expected trading range for today is between 0.7049 support and 0.7215
Expected trend for today: Bearish