The NZDUSD pair trades negatively to approach our first waited target at 0.7185, and the EMA50 forms negative pressure against the price, to keep the decline expected in the upcoming sessions unless breaching 0.7281 and holding above it again, noting that breaking 0.7185 will extend the bearish wave to reach 0.7108 as a next main target.
Expected trading range for today is between 0.7160 support and 0.7300
Expected trend for today: Bearish