The NZDUSD pair shows slight bearish bias after testing 0.7049 level this morning, which shows the importance of the strength of this level against the price positive attempts.
In general, we keep preferring the bullish trend if the price settle above 0.6915 level, reminding you that breaching 0.7049 level will extend the pair’s gains to reach 0.7215.
Expected trading range for today is between 0.6950 support and 0.7120
Expected trend for today: Bullish