The NZDUSD pair settles at the bearish channel’s resistance and it remains below this level, where the EMA50 keeps pushing negatively on the price to protect the trading within this channel, therefore, our bearish trend expectations will remain valid for today, targeting testing 0.6780 level, reminding you that holding below 0.6940 for the continuation of the suggested decline.
Expected trading range for today is between 0.6800 support and 0.7000
Expected trend for today: Bearish